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Friday, March 25, 2011

EURO/USD Updated 03/25/2011


Pivot: 1.4125.

Most Likely Scenario: LONG positions @ 1.4135 with targets @ 1.422 & 1.425.

Alternative scenario: The downside penetration of 1.4125 will call for 1.405 & 1.4.

Comment: the pair stands above its new support and should post a rebound.

Trend: ST Ltd Upside; MT Range

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