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EURUSD Might Be Bottoming

Posted on 10/22/2007 07:39:25 | Link | Post Comment

EURUSD might be bottoming at 1.4031 on 4 hours chart, key resistance is at 1.4199, a break above this level will confirm the cycle bottom, and rise above 1.4281 is expected to follow. Near term support is at 1.4031, if gives way, lengthier correction can be seen.

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