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16 Mar 2016 20:24
EURUSD - Bearish Butterfly Formation in Progress
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FX:EURUSD
240
Euro Fx/U.S. Dollar
FXCM
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16 Mar 2016 20:24
It appears to be a Bearish Butterfly in progress, as we reach at 78.6% Fib Zone, Price is over bought, and tend to correct, with RSI indicating to take slight dip. We shall see how it plays.
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