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Euro Reversal or Breakout Test

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09-14-08, 10:39 AM

ActionForex.com ActionForex.com is offline

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Euro Reversal or Breakout Test

The 1.4150 price point was broken in trade on Friday, and in breaking really has set up a technical test of resolve in euro valuations. The upside targets are easy to see, at 38% and 50% of the Fibonacci moves. The question is now, can the fundamentals push things higher....

complete article here...

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