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Andy_Garcia_CMT_CFTe
Oct 12, 2017 10:50 PM

EURGBP Test of Fib Level Short

EURO / BRITISH POUNDICE

Description

Keep an eye on the EURGBP daily chart as there was an important rejection from the 50% fib level that suggests more downside if the market can hold below that level. This presents the possibility of breaking below the previous low at 0.8738 and then moving much lower from there.
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