Forex: EUR/USD Technical Analysis – 1.37 Figure Under Fire
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- Prices fell as expected, expanding a Harami candle pattern into an Evening Star setup
- A daily close below support at 1.3725 (14.6% Fib) exposes 1.3660 (23.6% Fib)
- Resistance is in the 1.3831-73 area (October 25 high, Rising 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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