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Monday, December 6, 2010

EURUSD in critical point


The EURUSD is now at the short term up trendline and long term down trendline. May experience pullback to 1.33 and the market will decide which way it will go. If in uptrend the market had the possibility to go to 1.35 or 1.36 in a few days.


Daily market indicate a very strong uptrend. Now testing 1.33 support level. Next support at 1.32



By The Backyard Burner

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Fear of failure

Fear of failure