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Old 08-15-08, 02:08 AM
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Lightbulb Daily Technical Analysis

Yesterday The EURUSD continued it's bearish momentum. The pair bottomed at 1.4777 and closed at 1.4801. I am expecting this bearish scenario continue today. We have a new bearish channel on hourly chart. My model goes short targeting 1.4614. Immediate resistance is seen at 1.4825 followed by 1.4870. CCI just...

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