Thursday, June 25, 2009

Forex Technical Analysis On Majors

EUR/USD

Current level-1.3969

EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524.


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