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Forex Trading: EURUSD testing 200 hour MA
Posted by Greg Michalowski on Fri, 07/18/2008 - 7:12am in
The EURUSD is continuing the pattern from yesterday. The pair is testing the 200 hour MA at the 1.5822 level which is the 200 hour MA. It also is the Midpoint of the recent move up from the lows on July 7th to the high on July 15th. A break below would tilt the sentiment to the downside.
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