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Forex Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 24, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD is in а corrective phase, after finalizing the slide from 1.6039 (15 July 2008) at 1.3882. Technical indicators are reversed and rising, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.5256 and 1.5220.

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