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Saturday, April 22, 2017

EUR/USD Turns Bearish after Hitting 61.8% Fibonacci Target at 1.0775

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In yesterday’s trading the EUR/USD broke above the 50% Fibonacci retracement level of wave 2 (brown) and continued with a bullish push towards the 61.8% Fib at 1.0775. Price stopped at this Fib level and made a bearish retracement, which is now testing …

The post EUR/USD Turns Bearish after Hitting 61.8% Fibonacci Target at 1.0775 appeared first on ForexTV.

April 22, 2017 at 12:29PM

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from EUR Editor

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