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EUR/USD : Critical Point 1.2797 *LINK*

Melbourne Qindex 04:59 GMT January 1, 2012 - My Profile
EUR/USD : Critical Point 1.2797 : Reply
Entry: Target: Stop:

EUR/USD : Critical Point 1.2797

The bias is on the downside when the market is not able to close above 1.3087 in the New York session. The upside trading range is 1.2950 - 1.3087 and the downside targeting range of 1.2290 - 1.2415. Basically the market is going to be range bound between a lower barrier of 1.2247 // 1.2306 and a resistant barrier of1.3075 // 1.3090.



EUR/USD : Monthly Cycle Charts