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Old 04-05-2006, 21:33   #5
sdotwewen
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Re: Forex Cycle Analysis

As expected EURUSD is supported by the rising trend line up trend resume again. The 1.2688 resistance is broken above EURUSD will move higher into 1.2750 area. Key support now is at 1.2569 as long as the rising trend line support holds uptrend will continue. On the other side the cycle top is likely coming soon EURUSD may bull back 1.2750 area to retest the key support of 1.2569.
http://www.forexcycle.com
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