Thursday, December 26, 2013

Technical Update - EURUSD, GBPUSD, AUDUSD, NZDUSD

This week, the pair has traded in a 50-pip tight range with 1.3700 mark acting as immediate resistance and 1.3650 as immediate support level. On 1-hr chart the pair seems to have strengthened above an ascending triangular formation with lower trend line support near 1.3675 and now seems all set



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