Forex: EUR/GBP Technical Analysis – Euro Hits 11-Month Low
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- Prices are testing below support at 0.8287 (61.8% Fib expansion)
- A break confirmed on a daily closing basis exposes 0.8245 (76.4% Fib)
- Reversing above resistance at 0.8320 (50% Fib) eyes 0.8342 (channel top)
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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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