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Trading Forex From Your Analysis

posted by Avatar bullbear 1158 days ago in EUR, Technical, Daily made popular 1158 days ago

Let’s do a quick analysis of the Euro and see what we come up with. It’s obvious the Euro has been trending down ever since the overall high of 1.6038 making an incredible drop to 1.2329, that’s a 23% devaluation in roughly 4 months.

Using Fibonacci and measuring this incredible drop in price we get our retracement points to this move...
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