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FxWirePro : BTC/EUR faces strong resistance around 426, good to buy at dips

Monday, January 11, 2016 7:02 AM UTC

Pattern Formed - Cup and handle

BTC/EUR has made a high of 426 and declined from that level. It is currently trading around 405.
Short term trend is bullish as long as support 370 holds
On the higher side minor resistance is around 426 and break above targets 441/455.
The pair's minor support is around 400 and break below targets 370/350.

It is good to buy at dips around 395-400 with SL around 370 for the TP of 441/455

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FxWirePro : BTC/EUR faces strong resistance around 426, good to buy at dips

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