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Chart Of The Day: EUR/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 1, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Price action on the EUR/USD daily chart, as shown, has retraced almost its entire bullish breakout run of early last week. This may be viewed as simply a continuation of the price consolidation that has prevailed in this pair for the last month or so. Currently, price has approached a...

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