 Deltastock Dail Fx Analysis |
 Apr 9 2009, 11:02
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April 9, 2009
Current level-1.3301 EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.2951 and 1.3834. The corrective wave above 1.3147 is still on the run, targeting 1.3365 and probably 1.3412. Only a clear break below 1.3230 will renew the bearish bias for 1.2940. Full Article 
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