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njdfj
Jun 16, 2015 12:44 PM

Euro may rally into the end of June Long

Euro Fx/U.S. DollarFXCM

Description

This is a bullish chart for Euro that showed that Euro might rally into the end of June to complete the what looks like a Leading Diagonal. Red arrows are of same length and Blue arrows are same length too. Also Blue arrows vertical heights are 1.618x of Red arrows.

I will go long at 1.1200 level against stop loss at 1.1140, this bets on the triangle formation (between the green lines) followed by a thrust out from triangle that targets 1.17-1.18 level that could be seen at the end of June or early July.
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