Daily Forex Trading Strategy #EUR - Using 1.4280 Peak as a Guide

Using the previous 1.4280 peak as a template of current price expectations, there was a 5.8 percent decline in 8 days. We are currently in the eighth day and have dropped by 5.8 percent. Thus expect 1.4020 support to hold and prompt a relatively shallow pullback of at least 38.2 percent to 1.4370 and possibly even a full 50 percent reaction to 1.4480. From there expect drop to duplicate itself

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