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EURUSD, AUDUSD and USDJPY technical outlook 08-18-09

posted by Avatar liviuf 1012 days ago in EUR, JPY, Technical made popular 1011 days ago

EURUSD: Current recovery to 1.4135 is not enough to switch bias and signal uptrend’s resumption and downside pressure remains high for now. Overcoming the whole 1.4130-1.4170 region and closing (a daily bar) above 1.4200 would resume uptrend.
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