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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 11/16/09


EURUSD bears didn't manage to enter below support zone, this action influenced bulls to step up and rebound occurred which is moving towards resistance level. Resistance level is important barrier for bulls, but positive power remains for bulls and a chance to break resistance is still valid.

Long TermPositive1.48261.5040

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