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Long-Term Bearish Eur/Usd

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 22, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Recently, the RSI indicator broke through the lower line of a sharp diagonal formation, which indicates that the wave (X) top is in place. The prices were also unable to break through the 76.4% Fibonacci resistance area and the upper line of a trading channel over the past weeks. A...

    complete article here...

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