Tue
2
Feb
EUR/USD's break of 1.3989 minor resistance indicates that a short term bottom is already formed at 1.3852 on bullish convergence condition in 4 hours MACD. Stronger rebound could now be seen towards 1.4193 resistance But after all, we'd expect upside to be limited by 1.4217/4578 resistance zone and bring resumption...
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Tuesday, February 2nd, 2010 at 10:28 pm
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