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Ataglance2

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Ataglance2

Re: None

Friday, 01/11/2008 2:08:59 PM

Friday, January 11, 2008 2:08:59 PM

Post# of 57
EUR/USD
Strategy: Buy@1.4750 Daily uptrend remains capped just shy of the Jan 4 high and 78.6% of 1.4965/1.4310 slide at 1.4825. Bullish momentum has been waning since Jan 4, so a breakout beyond 1.4825 will be needed soon to revive the mildly overbought uptrend and to target the 1.4965 all-time highs. Support below 1.4765 o/n low is at 1.4750. Buy bounce or breakout.

Don



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