Daily Technical Strategist

  • October 22, 2008

A cut through key supports at the 1.3259 level, its .618 Ret (0.8231-1.6038 rally, monthly chart) at 1.3058 and the 1.2980 level, its Jun’06 high now leaves the pair exposed to declines towards its Oct’06 low at 1.2484.While another support lies at its Jan’07 low at 1.2866, that support is…
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October 22nd, 2008
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