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proacttraders's Commentaries

Aug 23 2010

$EURUSD

by proacttraders
Overall Rating: Average rating is: 0 stars.

$EURUSD is bouncing in a shallow channel on the support at 1.2690.  We have a bear flag and a wedge both bearish for the cross.  A break of 1.2674 should produce a run to the 1.2547 with a stall at the even number 1.2600.

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Tags: eurusd | currency-market-updates | currencies
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