Pivot: 1.425 Our preference: Long positions above 1.425 with targets @ 1.4445 & 1.451 in extension. Alternative scenario: Below 1.425 look for further downside with 1.42 & 1.416 as targets. Comment: the pair has broken above its declining trend line and should post further advance. |
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Forex Market Movement
Tuesday, May 10, 2011
EUR/USD intraday: continuation of the rebound. (pre US session)
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