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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 10/13/09


EURUSD resistance level once again is trying to note that this barrier is very strong for bulls. By breaking this level a continuation of prior movement should be extended further to the top side. If a breakout is not confirmed – a rebound back to support level is possible. For now waiting actions are better to take and follow bulls' activity.

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