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    EUR/TRY: Fibonacci analysis on 06.10.2015

    An upward correction can continue.

    On the 4-hour chart, the price is correcting after Monday’s fall. The nearest target is likely to be the level of 3.3640 (23.6% Fibonacci correction), a breakout of which could lead to a further growth towards the levels of 3.3843 (38.2% correction) and 3.4005 (50% correction). 

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