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EURUSD






10/1/2014 2:32:08 AM

EURUSD - Technical Analysis: Wednesday, 01/10/2014 06:32 GMT



Settling below 1.2720 after retesting it previously, while stochastic positivity slows the waited bearish bias for the upcoming period.

The exponential moving average 50 continues to support the expected decline, and we are waiting an increase in the bears’ power indicator on the daily time frame.


Target
Risk


Support
Resistance


Trend Bearish

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