Tuesday, October 22, 2013

Today's Market Outlook

The Euro trades in widened consolidative range, with downside being for now protected by hourly 55DMA 4-hour 20DMA at 1.3650, also Fibonacci 23.6% of 1.3472/1.3702 ascend and previous high of 03/10. Hourly studies are neutral to negative, with further sideways mode seen while 1.3650 holds. On the other side,



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