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Forex Technical Analyses

27.07.2010 13:18
Technical Summary for Majors
EUR/USD Maintains positive tone off 1.2731, 21 July higher low, as clearance of 1.2965 confirms a trend continuation. Today’s break through 1.3026, with 1.3044 seen so far, now opens way for test of 1.3073/93 and 1.3125. Corrective pullback should be contained by 1.2888/59 to keep immediate bulls in play. Res: 1.3044, 1.3073, 1.3093, 1.3125 Sup: 1.2961, 1.2888, 1.2859, 1.2834 GBP/USD Continues to trend higher, following bounce off 1.5123, last week’s higher low and clearance 1.5470, 15 July
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