Wed
11
Nov
Although yesterday's selloff from 1.6799 signals a temporary top has been formed at 1.6844 and initial downside bias remains for correction towards 1.6465/67 (61.8% projection of 1.6799 to 1.6536 measuring from 1.6627 and previous support), reckon the Ichimoku cloud bottom (now at 1.6449) would contain weakness and bring rebound later....
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Wednesday, November 11th, 2009 at 5:24 pm
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