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Friday, January 28, 2011

EUR/USD - Uptrend collapsing?

Is the uptrend since 128,63 finally collapsing? It does look that way, but we still need a break below 136.35 to confirm that a top is in place for a decline towards at least 134.16, where we find the 38.2% retracement of the 128.63 - 137.59 uptrend.


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