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March 23rd, 2009, 2:49 am | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD remains in uptrend from 1.2456 and the fall from 1.3738 is more likely consolidation of the uptrend. Further rise is still possible to 1.4000 zone in next several days. Near term support is now at 1.3416, and key support is located at 1.3250, only fall below this level will indicate that the rise from 1.2456 has completed.

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forexcycle Forex Cycle. See more Forex Analysis from forex cycle.

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