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Wonour
Feb 2, 2016 7:05 AM

EURUSD 4hr Possible Cypher Forming  Short

Euro Fx/U.S. DollarFXCM

Description

So this paid has been ranging up and down for some weeks now and has been living inside this area.

I can see a possible Bullish Cypher forming here, If we rise up to Leg C and don't break previous resistance then there may be an opportunity to go short for the C to D leg. This would bring us back down into previous support.

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