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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 12/18/09

 


  EURUSD has extended its current negative trend further downside. While trend line is not broken – bears are controlling the situation. However, at the moment waiting action is better option. Just below support level, bears can initiate stronger movement downside.




EURUSDTrendSupportResistance
Long TermNegative1.43401.4581

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