{"id":99822,"date":"2016-12-20T08:45:43","date_gmt":"2016-12-20T13:45:43","guid":{"rendered":"http:\/\/countingpips.com\/?p=99822"},"modified":"2016-12-20T08:10:21","modified_gmt":"2016-12-20T13:10:21","slug":"fibonacci-retracements-analysis-20-12-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/12\/fibonacci-retracements-analysis-20-12-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 20.12.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
December 20, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for December 20th<\/sup>, 2016<\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n

The EUR\/USD pair is getting closer to the local low. The closest target for bears is the group of fibo-levels at 1.0200. If later the price rebounds from this area, the market may start a new ascending correction.<\/p>\n

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As we can see at the H1 chart, yesterday the pair rebounded from the correctional retracement of 38.2% and resumed moving downwards. It\u2019s highly likely that on Tuesday the price may continue falling.<\/p>\n

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EUR GBP, \u201cEuro vs Great Britain Pound\u201d<\/h2>\n

The EUR\/GBP pair rebounded from the group of downside fibo-levels again, which means that it may start a new ascending correction. As a result, during the next several days the market may reach the retracement of 38.2% at 0.8610.<\/p>

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At the H1 chart, the pair rebounded from the local retracement of 78.6%. Possibly, on Tuesday the price may start a new ascending movement and break yesterday\u2019s high very soon.<\/p>\n

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RoboForex Analytical Department<\/strong><\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for December 20th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair is getting closer to the local low. The closest target for bears is the group of fibo-levels at 1.0200. If later the price rebounds from this area, the market may start a new ascending correction. As we can […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-99822","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=99822"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99822\/revisions"}],"predecessor-version":[{"id":99823,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/99822\/revisions\/99823"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=99822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=99822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=99822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}