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EURUSD (1.4257)

Mark Ryan Zeidus from Z2FX at 12/23/09



EURUSD is looking to gradually move towards its target at 1.4185 level and we might see it doing so in a day or so. Although the trading volume is expected to become more and more thin as the days progress but the other factor which is holding EURUSD back is a low value of RSI and we expect to see EURUSD being traded in short range for the nest few days.



Recommended Trade:


Sell EURUSD @ 1.4295

Stop @ 1.4335

Profit @ 1.4190

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