Price found some good support on the 0.618 Fibonacci level (of the previous big uptrend) and near the 200 day moving average. Please keep in mind the big red line, this marks a very strong level which acted as support for some big moves in the past.

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https://www.dukascopy.com/fxcomm/fx-article-contest/?action=blog&user=MyHedge

Kind Regards
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