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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 10/27/09

 


EURUSD has entered neutral zone, after a breakout by resistance level, bears initiated further movement downside. However this slide bounced off and did not carry under support level. For now candles are trapped between support and resistance levels. At the moment bulls are under pressure, waiting is better option at current situation.




EURUSDTrendSupportResistance
Long TermNeutral1.48741.4972

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