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848evo
May 24, 2016 2:13 PM

EURUSD Coming up on major support level Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD is approaching a very strong support level for the first time during this bear run, I'm expecting it to bounce back up at around this level to do an RSI correction as we see heavy divergence there as well.

I'll be in around the 272 extension with a TP near the beginning of the recent fall and a SL below the secondary fib 272.
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