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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 29, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Euro has fallen to 1.4111 after testing the Resistance region 1.4190-1.4220 and is oscillating around 13-DMA (1.4144). A significant rise above this may test Resistance region 1.4185-1.4215 and a rise past this may lead the pair to the next Resistance region 1.4240-1.4260. The Max High may be capped at 1.4279.

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