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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 10/19/09


EURUSD a new ground is formed between support and resistance levels, this pair stays still strongly bullish. However it looks like bears are slowly trying to breakout by support level. This barrier stands as significant level for bears side. In order for bulls to recover and show more strength – resistance level needs to be reached. For now waiting is better option.

Long TermPositive1.48741.4952

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