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theselfishtrader
Sep 7, 2020 10:33 AM

Possible short opportunity brewing Short

Euro Fx/British PoundFXCM

Description

Price has found support at 0.896
Price has retraced to the 61.8% Fibonacci level
There is confluence with the 200EMA and a previous pivot point around 0.890
Price is likely overbought

Watch for selling opportunities targeting the 38.2% Fibonacci level/0.894 support zone
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