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Thursday, March 10, 2011

EURO/USD Updated 03/10/2011

My best Regards to 1 world  fx traders...


Recovery off Tuesday low at 1.3862 still struggling.Actually the corrective gains are capped beneath 1.3950.The consolidation phase between 1.3862 and 1.3925 I think will extend based on daily chart TF.The risk if the price extended corrective set back below 1.3862  towards the 1.3800 area...


Above 1.3950 could bring 4 month high at 1.4036 back in the picture...


***this blog will not responsibility for any consequences or losses.This post is only for forex knowledge sharing only.Thank you and happy trade... 

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