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February 2012 Blog Posts (21)

Forex4you Technical Analysis 01 Feb 2012

EUR/USD: Technical Analysis

The price failed to rise above 1.3210\20 level, so it retraced back down and breached a short-term uptrend (green) line. Having plunged to 1.3020/30 level, the price is now attempting to recommence growth. Trading is carried out at 1.3090/1.3100 levels. It's worth noting, however, that indicators suggest a reversal down and the fact that the above mentioned trend line has been recently breached proves that the "bullish" potential is…

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Added by Forex4you on February 1, 2012 at 5:19am — No Comments

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