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Chart of the day EUR/USD - 070309
Forex-Trends.com
Published 07/03/2009
- 11:05 a.m. EST
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Yesterday’s EURUSD support level was broken at 1.4012, and it has formed another support level at 1.3958 which is the current and valid support line. After EURUSD has calmed down it bounce up, we can expect this bounce to last until 1.4090 with a test of 1.4100 price level. Bulls should be rearranging their forces in order to come back against bears.
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