Forex: EUR/GBP Technical Analysis – Support Seen at 0.8448
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- We remain shortafter a Dark Cloud Cover pattern markeddownward resumption, as expected
- Sellers are now testing 0.8448 (76.4% Fib), with a break under that targeting 0.8386 (100% Fib)
- Reversal back above 0.8487 (61.8% Fib) targets 0.8518 (50% Fib expansion)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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