Wednesday, September 22, 2010

Forex Prediction For Thursday 23 Sept 2010

Technicals EUR/USD Prefered Short Position from 1.3400 area with target 1.3206 area.

Resistance stands at 1.3313 (Reaction high)
at 1.3334/39 (Reaction high/Daily envelope)
at 1.3369/88 (Broken weekly uptrend line/starct top)
at 1.3466 (38% retracement)
The pair is in overbought territory.

Happy Trading ;)

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