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| GBPUSD: Continued Weakness To Target 1.5802 Level And Beyond
September 27, 2009 at 9:52 am
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| | With a second week below its invalidated MT trendline seeing the pair taking out some of its key supports at the 1.6112,1.6000 & 1.5982 levels to close lower at 1.5927 last week, threats remain for GBP to continue to face downside side pressure in the days ahead. That puts the... |
| EURUSD: Halts Gains, Triggers Corrective Pullbacks
September 27, 2009 at 9:50 am
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| | Even though EUR still maintains its medium term uptrend triggered off the 1.2456 level in Mar'09, nearer term that trend has stalled and corrective pullbacks triggered pushing the pair lower to close at 1.4689 the past week. This is coming on the back of a failed test of the 1.4844... | | |  |
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