Forex Trading: Some modest dollar profit taking as the weekend approaches
Posted by Greg Michalowski on Fri, 08/29/2008 - 2:34pm in
The EURUSD has bounced back up to the 1.4675 level from a low of 1.4640. The pair remains below the 1.4710 level where the 100 hour moving average is located. The low for the week was 1.4571. The high was 1.4811. The midpoint comes in at 1.4691.

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