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FX Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Sep 21, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EURUSD Comment: The strongest weekly close since September 2008, above the 61% Fibonacci retracement, should keep current levels of bullish momentum while allowing the overbought Euro to sort itself out. Allow for consolidation today but be aware that thin markets could drive moves beyond chart levels.

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