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Currency Technical Report

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 10, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Bulls gained momentum after the retracement to 1,2800 area, and led euro back to 1,2950-70 tops, testing supply once again at 1,3000 area. This reaction indicates that there is a positive sentiment regarding euro and next important resistance levels are likely to be tested.

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