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Eur/$, Good Risk/Reward...

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 30, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Eur/$ continues to chop in tighter and tighter ranges since the Oct low at 1.2335, supported by the bullish trendline since that low (currently at 1.2525), and capped by the bearish trendline from Dec (currently at 1.3330). Note that the market has reversed lower after the earlier spike above that...

    complete article here...

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