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EURUSD: Rejects The 1.4446 Level, Set To Target The 1.4254/16 levels

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 8, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Another failed attempt at the 1.4446 level, its Aug 05’09 high saw the pair turning down sharply lower Thursday to close at 1.4298. With this price development, risk continues to point lower putting further downside pressure on its Dec 22’09 low at 1.4254 at first and then its Dec 22’09...

    complete article here...

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