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EUR/USD - Euro Dollar Feb 4, 2009

posted by Avatar Alex 1567 days ago in USD, EUR, Technical made popular 1567 days ago

1,3039. EUR USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,3120 (81 pips). The consolidation should continue.
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