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848evo
22 mai 2016 23:47

EURGBP Hitting Resistance Short

Euro Fx/British PoundFXCM

Description

EURGBP is moving up to hit a hard resistance at a combination of the 38.2 fib level and a strong daily resistance line. I'm expecting price to bounce off this line or perhaps extend a bit further, but not too much, keeping a tight SL on this one. Potential profit could be a full move back down to retest the previous low.
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