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Chart Of The Day: EUR/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 25, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Price action on the EUR/USD daily chart, as shown, is currently in somewhat of a consolidation mode, seemingly undecided as to the next directional push. The parallel green lines on the chart show that price has bullishly begun to form a steep uptrend channel, having just hit the top of...

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