Wednesday, October 23, 2013

Technical Analysis for Major Currencies

The pair moved sharply to the upside yesterday and stabilized above 1.3710 which is now a trend interval. Stability above the referred to level extend the upside move to test 113% correction around 1.3835 showing on graph and perhaps levels127.2% at 1.3970 levels. Breaking 1.3685 levels will make us reconsider our intraday expectations today.



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