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Greenback Seen Lower into Thursday

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 4, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    While today's break below 1.2515, to fresh 2009 lows at 1.2455 now opens the door for a retest of 1.2330, there is room for a corrective rally over the coming days, before considering resumption of the broader downtrend. The bullish hammer-like price action on Wednesday, suggests that at a minimum,...

    complete article here...

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