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Euro Poised for Retest of Key Trend Lows

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 17, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The bearish descending triangle formation has been confirmed on Tuesday with the market taking out key short-term lows by 1.2705. This now opens a deeper setback towards the critical trend lows from late October at 1.2330 over the coming days with a break of the latter exposing psychological barriers by...

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