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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 11/05/09

 


EURUSD once again bulls showed their strength by climbing above resistance. At the moment it looks like that trading range is formed, buy near support, sell by resistance level. Neutral zone is created, and while candles remain between these two barriers, further jumping is expected.




EURUSDTrendSupportResistance
Long TermNeutral1.47131.4856

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