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EURGBP: Climbs Above Its Falling Channel

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 8, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Continued upside offensive saw the cross turning sharply higher above its MT falling channel Tuesday and opening further upside threats. Although still maintaining its medium term downside, the current price action has put that on hold and EURGBP looks to target the 0.8711 level, its daily 200 ema with a...

    complete article here...

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