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Daily FX Report

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 28, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Since the end of April, the EUR/GBP has been trading in a horizontal trend channel. The developments over the last months have shown an increasing trend line, shown in blue, signaling a possible crossing of the resistance at 0.8032. However, the break through the blue line implicates a relapse to...

    complete article here...

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