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Feb 18, 2015 11:26 AM

EUR/USD Building to breakout - Daily 

Euro Fx/U.S. DollarFXCM

Description

EURUSD is forming a nice triangle. My bias is to the downside as price has failed to break the 20EMA after numerous attempts. It has also found resitance at the .618 Fib level.

I will wait for the price to break in either direction and enter on a pull back.
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