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RKchartest
Oct 23, 2015 8:36 PM
Retracement could be in order.
FX:EURUSD
240
Euro Fx/U.S. Dollar
FXCM
Description
⋅
Oct 23, 2015 8:36 PM
EURUSD had a rather sharp sell off. Momentum has slowed and resistance met on the lower time frames. Retracement as indicated on the chart can give the pair what is needed for a move further below.
EURUSD
EUR
USD
fib
Fibonacci
Fibonacci Retracement
retracement
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