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EURUSD Technical analysis - 6 October 2009

By DailyForex.com
Rebound didn't happen by support level and bulls managed to breakout by 1.4650 price level. At the moment this pair is in neutral area, however bulls are looking more positive than before. Another potential breach by resistance level is possible where buying actions remains. According to the previous bulls moves, this barrier is very significant for them.

Euro US Dollar chart

 TrendSupport    Resistance
Long termNeutral
1.4650
1.4786

       
   

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