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Old 28-05-2006, 21:28   #25
sdotwewen
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Re: Forex Cycle Analysis

EURUSD swung without trend in a range between 1.2661 and 1.2971 in the last two weeks, and it is coming to the end of this consolidation. Key resistance is at 1.2890, a break above this level will signal the end of this sideways consolidation, the up trend of EURUSD will resume again, and resistance of 1.2971 will be broken above.
http://www.forexcycle.com
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