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Wednesday, December 5, 2012

Analysis EURAUD

based on 1 hour time frames usdchf meet with area of top of trading range (5/8) 1.2527. This also meet with shi channel that has a downtrend line. This level is hard to break and euraud may continue lower by breaking moving averages (21) that meet bottom of trading range (3/8) 1.2497. Bearish pressure is on when fractal comes down.

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