US Dollar’s Pullback Stalls At Major Resistance

Filed Under (Forex technical) by on 30-10-2008

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The EURUSD’s bullish rebound seems to have run out of steam for the time being. Resistance around 1.33 proved significant enough for the market to reevaluate the strength of any counter-trend moves when the dominant trend has been so prevalent for months. This level was defined by a number of…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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