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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 10/18/09


EURUSD pair still stays positive, buying actions should be done with a care. Bears are trying to decline the price, where lack of confidence for bulls can initiate another movement downside. At the moment low trading range is formed between 1.4963 and 1.4917 price levels. A breakout can initiate stronger movements.

Long TermPositive1.46501.4786

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