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ActionForex Reports - Trade Idea: EUR/USD - Buy At 1.3535
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post Apr 12 2010, 05:05 PM
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Although yesterday's retreat from 1.3692 suggests minor top is formed and consolidation would take place, reckon renewed buying interest would merge around 1.3535 (38.2% Fibonacci retracement of 1.3282 to 1.3692) and the Kijun-Sen (now at 1.3487, this is also the 50% Fibonacci retracement level) should hold, bring another upmove later....

http://www.actionforex.com/action-insight/...20100413110807/
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