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Old 28th November 2011, 05:12
Ivan Urupa's Avatar
Ivan Urupa Ivan Urupa is offline
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EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3340, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3440.

If the pair breaks under support level 1.33280, a downtrend will start with the downside target set at support level 1.3174.


Support levels: 1.3280, 1.3236, 1.3174

Resistance levels: 1.3340, 1.3396, 1.3440




GBPUSD [H1]

The pair is in a sideways trend. Resistance levels is seen at 1.5525-1.5575, and if the market breaks above those levels we can expect an uptrend to develop with the upside target set at resistance level 1.5667.

If the pair breaks under support levels 1.5480-1.5430, a downtrend will start with the downside target set at support level 1.5340.


Support levels: 1.5480-1.5430, 1.5340

Resistance levels: 1.5525-1.5575, 1.5667

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