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EURUSD Technical Analysis

Tomas Cedavicius from Investija.com at 12/17/09

 


EURUSD did form a low trading range between support and resistance, however bears once again did manage to breach out by support level. Further slide downside is expected, bears are controlling strongly the situation. At the moment negative trend is valid, but short term upswings are possible today.




EURUSDTrendSupportResistance
Long TermNegative1.45161.4581

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