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Although Fiber is declining in a Pitchfork Channel, on the 4-hour chart, EUR/USD is trying to reach the 1.1784 level as its first target and the 1.1754 as its second target. This scenario is unlikely to occur if the pair rises again and closes above the 1.1844 level.
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The material has been provided by InstaForex Company - www.instaforex.com