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Forex Trading: EURUSD has support region

Posted by Greg Michalowski on Mon, 06/09/2008 - 7:52pm in

 The EURUSD is testing the support region which has a retracement level and the 100 and 200 hour moving average.  The market seems content at the moment to waffle above and below the 1.5576 moving average.  The low so far was 1.5557.