Higher Low Invalidates Bearish Bias

Euro Fx/U.S. DollarFXCM

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⋅ 2 Nis 2015 09:36

Pair appears to have carved a higher low above the 61.8% retracement of 1.04568 to 1.10511, invalidating our bearish bias. Pair may well still turn lower and break south but we holding flat as high risk of bounce (protect your profits!).

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