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Chart Of The Day: EUR/GBP

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 28, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    After traversing up a dramatically steep parallel uptrend channel for the past week and a half, price action on EUR/GBP, a 4-hour chart of which is shown, has finally shown signs of a potential bullish exhaustion by making a tentative breakdown below the channel. This occurs after price hit a...

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