Forex: EUR/GBP Technical Analysis – Euro Back at Monthly Low
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- Prices recoiled from resistance at 0.8409, a recently broken horizontal pivot level
- Near-term support is at 0.8336, the bottom of a channel set from the August high
- A turn above resistance eyes 0.8453 (23.6% Fib). We continue tohold short
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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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