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Old 01-05-2006, 21:19   #2
sdotwewen
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Re: Forex Cycle Analysis

EURUSD is topping on 4 hours chart. It will form a sideways consolidation in the next several days, and the up trend line support will be tested. On the other side, the up trend may resume after this consolidation, initial resistance is at 1.2688, only rise above this level may turn price back towards 1.2750.
http://www.forexcycle.com
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