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Forexpros Daily Analysis - 29/11/2010
ForexPros Daily Analysis
November 29, 2010
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The EURUSD is bearish for this week and will look to
Forex Technical Analysis
The EURUSD has moved down quite alot for the last week and has
now hit the Fibonacci 0.382 support level. At the same time, this level is in
confluence with a major support level.
4 Hourly Chart
this time frame, the EURUSD has reached the 1.272 Fibonacci extension level
after retracing to 0.618 Fibonacci level.
There may be some upward movement due to the confluence of
support of 0.382 on the daily chart and 1.272 on the 4 hourly
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