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Euro Reversal or Breakout Test

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 14, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The 1.4150 price point was broken in trade on Friday, and in breaking really has set up a technical test of resolve in euro valuations. The upside targets are easy to see, at 38% and 50% of the Fibonacci moves. The question is now, can the fundamentals push things higher....

    complete article here...
     
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