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Daily Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, May 12, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The EURUSD had a moderate bullish momentum yesterday. The 'flag' formation I showed yesterday gave us a valid bullish signal when violated to the upside (breakout). The bias is neutral in nearest term but remains bullish in medium term. Immediate support is seen at 1.3570 followed by 1.3470. Initial resistance...

    complete article here...

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