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Back Technical analysis
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Back Technical analysis
EUR/USD. March 13. The crisis continues
During Thursday, the EUR/USD pair continued
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During Thursday, the EUR/USD pair continued its decline toward the 127.2% corrective level of 1.1440 based on the new Fibonacci grid. A rebound of quotes from the 1.1440 level would favor the European currency and lead to some growth toward the 100.0% Fibonacci level of 1.1577. Consolidation of the pair's rate below 1.1440 would allow traders to expect a continuation of the decline toward the next corrective level of 161.8% – 1.1266. The wave situation on the hourly chart
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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