Thu, Jun 28 2012, 02:36 GMT
by
BabyPips.com FX-Men Team
|
BabyPips.com
EUR/GBP: 4-hour
Don't look now, but I think we may just see EUR/GBP pull off a hip-hop move and "bounce" at a potential support-turned-resistance level. Remember, whenever price passes through a major support level, that level usually becomes resistance. If you weren't able to ride the move down before, then you might have an opportunity to short very soon!
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