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Chart Of The Day: EUR/GBP

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 23, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    After forming a tentative bottom just under 0.8800, price action on EUR/GBP, a daily chart of which is shown, made a bounce and is currently consolidating between key support/resistance levels. This important cross has been relatively reliable in making strong, unidirectional breaks after consolidations. To the downside, the noted support...

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