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Elliot_Myers
May 22, 2016 7:54 PM

EUR/USD Correct & Sell Short

Euro Fx/U.S. DollarFXCM

Description

Double re-test of the 50% fib with failed breaks and an exhausted wick on Friday's candle suggest downside potential and a test of the next weekly support (blue line).

Price action can either head down for a test or correct back towards 1.13 before correcting downwards.
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