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Forex4you's Blog – November 1999 Archive (1)

Forex4you Technical Analysis 23/08/10

EUR/USD: Technical Analysis



Support 1.2730 was breached and the price fixed below, which can be considered as an evidence for the “bearish” scenario to start. Having tested levels 1.2680/90, the trading is currently carried on at 1.2700/10. Indicators are more inclined to a “bearish trend”, making a further downward movement a high-possibility. Supports 1.2620/30 and 1.2540 are likely to be tested soon. A rise and fixation above 1.2820 are seen… Continue

Added by Forex4you on November 30, 1999 at 12:00pm — No Comments

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