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Short Term Analysis
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EURUSD is forming a sideways consolidation
Wed, Jul 2 2008, 02:42 GMT
by Franco Shao
EURUSD is forming a sideways consolidation. Pullback to test the support of the up trend line from 1.5302 to 1.5468 is still possible later today. As long as the trend line support holds, we’d expect up trend to resume, and rise towards 1.6000 area could be seen after consolidation.
Published on Wed, Jul 2 2008, 02:44 GMT
Archive
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