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EURUSD – Testing resistance

March 17th, 2009 · No Comments

EURUSD: Rallied through the 55 dma which is now at 1.3005 though did not close above there. However this does not change the overall setup which suggests that a rally through 1.3095 would be a major bullish development that could open the way for 1.3335 in the ST and possibly a rally up to the 200 dma at 1.3917.

Tags: Forex Signals

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