Deltastock Daily Fx Analysis - Forex Forum

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> Deltastock Daily Fx Analysis, April 27, 2009
Stoyan Mihaylov
post Apr 27 2009, 8:03
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April 27, 2009
Current level - 96.69

A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.

As expected, the pair broke through the dynamic support at 97.65 and is targeting 95.83 and 93.58. Crucial on the upside is 97.70.

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