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Daily Technical Analysis November 1, 2009 at 2:43 pm |
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The EURUSD failed to continue it's bullish momentum on Friday and now re-testing the trendline support, as you can see in my daily chart below. I see this fact simply as a battle between buyers and sellers around a critical technical point. What is going to happen today, might be... |
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FX Technical Commentary November 1, 2009 at 2:20 pm |
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Euro 1.4730 Initial support at 1.4683 (Oct 29 low) followed by 1.4646 (Oct 6 low). Initial resistance is now located at 1.4859 (Oct 29 high) followed by 1.4927 (Oct 27 high) |
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