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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 12/07/09

 


EURUSD after consolidation between previous support at 1.5034 and resistance 1.5135, new barriers were created. Support level at 1.4840 stands as a significant level for bears and bulls, this barrier holds bears side from further falling. At the moment a rebound back to resistance level at 1.4975 is possible.




EURUSDTrendSupportResistance
Long TermNeutral1.48401.4975

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