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    XAG/USD: Fibonacci analysis on 25.02.2016

    A growth is likely to continue.

    On the 4-hour chart, the price rebounded from the level of 15.16 (38.2% correction). Its next targets seem to be at 15.39 (23.6% correction), 15.55 and 15.75. A downward trend towards 14.97 (50% correction) and 14.79 (61.8% correction) can resume after a price consolidation below the level of 15.16.

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