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Triangle Formations Prove Robustness In Forex Majors

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The EUR/USD price action remains stuck in between support (green) and resistance (red) trend lines, which is now becoming a contracting triangle. A break below support is needed before wave 2 (brown) could be considered completed.[​IMG]

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