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Technical Analysis for EURUSD 26 Jan 2010 |
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Written by Administrator
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Tuesday, 26 January 2010 |
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The EURUSD was indecisive yesterday, formed a Doji on daily chart.
We have nothing significant technically so we need to be patient and do
not rush jump into the market. The bias remains neutral in nearest term
we are in no trading zone. I prefer to do nothing and wait for further
development. However, as long as price stay below 1.4250, the bearish
scenario should remains intact. Expected range at 1.4250 – 1.4000/30.
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