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Sascha_Gogolin
Oct 4, 2016 6:02 AM

EUR/GBP - Closing in on heavy resistance Long

Euro Fx/British PoundFXCM

Description

If this corrective structure holds I am looking to go long with my primary target around 0.8745. And if that level folds a move up towards the resistance area between 0.87600-0.87900 is to be expected. The resistance area should attract plenty off sellers so would not look for targets beyond that zone.

Trade closed: target reached

All three target levels reached.
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