The picture shows that the price has taken a correction of slightly below Fib 50% level after reaching the week high of 1.3060. Fortunately, I have placed my stop-limit level(the red spot) between 38.2% and 50% just in case there is a sudden reversal of trend. My inital prediction was that the price would pull back to 38.2% before rallying up.Do you like this article? Share It!
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