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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 01/05/10


EURUSD after reaching the bottom once again at support level 1.4246, bulls have made a turnaround point to the top side. This rebound did initiate a breakout of resistance level at 1.4396. At the moment long term trend is negative, however bulls are starting to show first signs of recovery.

Long TermNegative1.42461.4396

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