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Callumgt
Oct 9, 2016 4:25 PM

EURJPY DOWNSIDE POTENTIAL? Short

Euro Fx/Japanese YenFXCM

Description

price overall is in a downtrend and has retraced and rejected the 61.8 fib and key resistance level twice. price has also printed a tweezer top/ evening star candlestick formation at the 61.8 level which also shows bearish confluence. going to use the -0.27 as my target which would also fulfill the ABCD pattern.
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