Sunday 3 January 2016

EURGBP 180 PIP MOVE 

4 HOUR CHART TECHNICAL ANALYSIS

The 180 pip move will be confirmed by the break and close below the trendline marked A. The first support zone will be around 0.72794 marked by T1, then reaction on that support area will confirm the completion of the 180 pip move into the 072088 support level, which is the zone of the monthly blue trend line on the  figure below as a retest of the broken monthly trend line.






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