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Eurusd Formed A Short Term Cycle Bottom At 1.4125

Posted on 11/06/2007 07:50:51 | Link | Post Comment

EURUSD formed a short term cycle bottom at 1.4125, and broke above 1.4348 previous high. Further rise towards 1.4600 is still possible in the next several days. Near term support is at 1.4300, and as long as this support holds, up trend will continue.

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