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USD Marked By Critical S&R Trend Lines

Discussion in 'Technical Analysis' started by Kaitlin, Dec 22, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The GBP/USD broke the support trend line (dotted green) but price action has been corrective after the break. If price does not manage to break below the 61.8% target with a good impulse, then the wave 4 (green) could become expanded with a bigger correction.[​IMG]

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