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US Dollar Develops In Wave C Of Larger Zigzag

Discussion in 'Technical Analysis' started by Kaitlin, Oct 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD seems to be indeed building a bearish ABC zigzag (green). The Fibonacci levels of wave B (green) are expected to act as resistance and price could turn around at one of them for a continuation within a larger contacting triangle (wave d green). If the bearish breakout is[​IMG]

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