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    EUR/TRY: Fibonacci analysis on 09.10.2015

    A fall can resume.

    On the 4-hour chart, the price is correcting again after a fall. A probable target in the correction can be the level of 3.3129 (23.6% Fibonacci correction), a breakout of which could lead to a further growth towards 3.3432 (crossover between 38.2% correction and the 23.6% arc) and 3.3676 (50% correction). 


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