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Classical Overshoot
British Pound / U.S. Dollar
Classical Overshoot
By Chronos
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Jun 24, 2016
4
Jun 24, 2016
This is a classic overshoot reaction of market participants with the unexpected news.
--Expect it to retrace to the .500/.618 levels, (around 1.40s) before heading lower in the long-run.
Chronos
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