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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 10/28/09


EURUSD became bearish and negative trend began. Under 1.4874 price level, it is better to take short positions. A major rally downside can be initiated by bears side, support level was a significant barrier for both sides. Reversal point was broken and now bears are controlling the situation.

Long TermNegative1.48741.4972

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