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Daily Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 24, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The EURUSD was traded lower yesterday. On 4h chart we can see that after hit 1.3735 key resistance level, the pair made a significant downside correction testing 23.6% Fibo retracement support level around 1.3435 area. Break below that support level could trigger further bearish correction towards 1.3250. The bias remains...

    complete article here...

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