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Mar 16, 2016 8:24 PM

EURUSD - Bearish Butterfly Formation in Progress Short

FX:EURUSD240
Euro Fx/U.S. DollarFXCM

Description

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It appears to be a Bearish Butterfly in progress, as we reach at 78.6% Fib Zone, Price is over bought, and tend to correct, with RSI indicating to take slight dip. We shall see how it plays.
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