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Sunday, 30 September 2012
eurusd
Eurusd bounced off support from 200MA on the daily chart. break below targets a move lower. below 1.2751 it shifts back into the channel and downtrend might resume. Break above 1.2910 targets high at resistance 1.2970 and further psychological level at 1.3000. currently friday price action was bearish and we had offers coming in above 1.29000 there the safer play ceteris paribus is shorting rallies. Good luck in the week ahead.
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