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Contributors Chart Of The Day For December 23rd, 2013 – EUR/USD

By ,

  • Prices fell as expected after forming a Bearish Engulfing candle pattern; we remain short
  • Breaking below 1.3688 (23.6% Fib ret., trend line) has exposed 1.3613 (38.2% Fib)
  • Turning back above 1.3688 targets 1.3724 (trend line support-turned-resistance)

dailyclassics_eur-usd_body_Picture_12.png, Forex: EUR/USD Technical Analysis – Support Met Above 1.36

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