As it is obvious in chart - major of 1.07 hold strong, and marked made . In the other hand all time low and high level of 61.8% is broken down and tested from below. This is strong now coincided with round price number of 1.12. There is strong signals to short side as candle patterns and price action are obvious. Will 8 year market cycle theory become true, or the price action will win this battle of bears and bulls? We will see soon. :)
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