Thread: Forex Analytics
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Old 03-20-2008, 12:24 PM
FXdudy FXdudy is offline
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GBP | USD is testing 1.9870 the area of the first intermediate support (closing of a second three-year period), which is located below the stop order. Breaking of this level will open the way to1.94 support level (closing of five-year period.) Area between the two levels is of great interest to participators as in the case of reducing prices below the second level there is a probability of further pair reducing and it can continue to decline for several years when the price doesn’t get back to the current position....

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