EUR/USD: Technical Analysis
Several bearish targets have been met - at 1.4050 and 1.4085 and so it is possible the down move may have reached a conclusion. A consolidation period may begin from here - or a new move up, although it is too early to establish any meaningful upside targets yet and the only count so far yielded 1.4130 which has just been achieved.
Analysis by: Arkady Nagiev
Forex4you analyst
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24-03-2011, 12:45 PM #1
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Forex4you Technical Analysis 24 March 2011
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