FX Technical Analysis

EURUSD Comment: A small bounce from support at 50% Fibonacci retracement and 26-day moving average at 1.4500. If we can take out yesterday’s high at 1.4646 allow for a squeeze to the 9-day average at 1.4683. Hardly compelling stuff but that’s what we have to expect for a period of…

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This entry was posted on Wednesday, September 30th, 2009 at 8:58 am and is filed under Forex, Forex Trading, Forex news, Money. You can follow any responses to this entry through the RSS 2.0 feed.