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Contributors Chart Of The Day For November 12th, 2013 – EUR/USD

By Ilya Spivak

  • Prices declined as expected after putting in Bearish Engulfing candlestick pattern
  • Breaking support at 1.3420 (38.2% Fib) exposes 1.3293 (50% Fib)
  • Reversing back above 1.3420 eyes 1.3489 (channel bottom); we’ve entered short

nov 12

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