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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Forex Trading: EURUSD held support at 1.5460-1.5470 level

Posted by Greg Michalowski on Thu, 05/15/2008 - 11:54am in

The EURUSD held support at the 1.5460-1.5470 level (see previous post by clicking here), printing a low print at 1.5459.  The pair has since moved up toward 1.5490 level and looks fairly well suported at the 1.5483 level today.