EUR/USD Forecast September 21, 2012, Technical Analysis
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The EUR/USD pair fell during the session on Thursday as the 1.3 0 Level Gave Way to the sellers. However, towards the end of the day we did get a bit of a bounce and we now look like the market is currently trying to decide which direction to go. On a break of the lows from the Thursday session, we would start selling and aim for the 1.28 handle. However, if we get above the highs from the Thursday session, we would suggested that is a buy signal as it would show a nice swing back in the favor of the buyers.
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Christopher is a part of the FXEmpire.com analysis team. He writes Forex and Commodities technical analyses on daily and weekly basis. Christopher writes his analyses in a professional and yet simple to understand manner. His analyses are available in both text and videos.
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