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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 10/23/09


EURUSD bulls still stay above resistance level, however despite recent reached highs bears slowly are trying to decline the price. Possible another movement downside to ex-resistance at 1.4952 is possible. For now waiting action is better to take and if long positions were taken it's better to hold.

Long TermPositive1.48741.4952

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