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Forex Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 28, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD is in а downtrend, after finalizing the rebound from 1.3882 (Sept. 11 2008) at 1.3882. Technical indicators are falling, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4049 and 1.5194.

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