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USDJPY Prolongs Bearish Decline With More Fibonacci Targets Below

Discussion in 'Technical Analysis' started by Kaitlin, Apr 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD bullish price action could not break the strong daily resistance zone (red levels) and the psychological round level of 1.15. Price has now moved back to support levels (green), which is a bullish bounce or bearish break spot.[​IMG]

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