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Jan
13
TECHNICAL ANALYSIS BY NSFX 13.01.2014
By:Nati
High: Low:
The EUR is showing strength since last week’s low of 0.8230 where buying has pushed towards the 0.8325 resistance level on the chart. Possibility of this being just a retracement in the downtrend is still there since the sell off in July has yet to be reversed. A close above 0.8380 could possibly signify a reversal of the trend going forward.
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