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Currency Technical Report

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 3, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Bulls gained momentum at 1,2560-80 area, that led euro above first resistance at 1,2650-60, reaching 1,2765-70 area. The reaction remains within the retracement ranges of the previous decline, as yesterday's top couldn't breach 38,2% level. After yesterday's tops a consolidation was formed, and it will give us indications for the...

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