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20th Jun - S/term Bounce in EUR/GBP Possible

20 June 2014

The market is now returning towards long term 61.8% support.

DAILY CHART:

The current downleg has now reached/eroded the 76.4% pullback level. Support is also offered by the bear channel base projection. Some sort of pause/ rebound is considered likely around here, but is expected to be temporary though, ahead of lower levels.

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13th Jun - Silver’s Long Term 76.4% Support Still Under Pressure

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