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zcsniper
Dec 17, 2014 4:11 PM

lots of volatility but still a heavy downtrend Short

British Pound/U.S. DollarFXCM

Description

After breaching 1.5710 I was able to confirm a new support around 1.5650 and most likely adding resistance before we see it bottom out around 1.5540. We should see it swing over to 1.5650 again for the new support.
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