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Thomson Reuters
Apr 25 - 05:00 AM
EUR/USD - Weak After 5Th Biggest 2019 Daily Drop, Fibos Weigh
First appeared on eFXplus on Apr 25 - 02:45 AM
  • On Wednesday EUR/USD registered the 5th biggest one-day drop of 2019
  • That ahead of the consolidation on Thursday
  • We remain bearish on this market, looking to get short on recovery attempts
  • There are layers of Fibonacci levels below Wednesday's peak
  • 1.1184/1.1211 Fibos are 23.6%/38.2% retrace of the 1.1324-1.1141 decline
  • Outlook mixed had been mixed nL1N22604Q. Offer placed at 1.1190

EUR/USD Trader:

Daily Fibo Chart: Click here

Source:
Thomson Reuters IFR Markets

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