Immediate focus is now on 38.2% retracement of 0.7277 to 0.6864 at 0.7022. Decisive break there will suggest that fall from 0.7277 has completed and 0.6864, and target 61.8% retracement at 0.7119 next. Nevertheless, rejection by 0.7022 will maintain near term bearishness. Break of 0.6964 will bring retest of 0.6864 low. In the bigger picture, […]
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