Published: Wed, 18 Mar 2009 10:53:10 +0100
Deltastock Daily Fx Analysis
March 18, 2009
Current level- 1.3948
The pair is in a corrective phase, after bottoming at 1.3506. Trading is situated below the 50- and 200-day SMA, currently projected at 1.5505 and 1.8341.
Yesterday's upward attempt was limited below 1.4135 and current downtrend aims at 1.3938, en route to 1.3825. Crucial on the upside is 1.4060.
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