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[QUOTE="CommexFX, post: 63597, member: 30720"] [b]Daily Outlook 27-05-2014[/b] Euro (1.3662) is making a Matching Low at 1.3613, near the trendline help at 1.3590-80 and this bob may take Euro higher to 1.3700-30. Anyway the shortcoming stays in place beneath 1.3800 and any skip is required to face offering weight. Dollar-Yen (101.97) is trying our safety region of 102 and a break over 102.00-15 may take it to the real supply zone at 102.75-103.00.the Euro-Yen (139.29) is skipping from a critical Support around 138.70-30 however unless Resistance at 140 is broken, there could be risks of further tumble to test 200-day MA at 137.94 or significantly lower towards 136. Pound (1.6864) has experienced a sharp rectification recently yet the uptrend stays in place for focuses of 1.70 as just a break beneath 1.6730 could refute the uptrend and after that a dip to sub-1.6600 levels would be on cards. Look for a break over 1.6900-20 for quality. Aussie (0.9256) is attempting to keep afloat significant help zone of 0.9200-0.9180 after the sharp fall, however the current structure stays powerless. Are the Bulls thinking about a vast Cup & Handle breakout within a brief span of time? Gold (1291.61) keeps on remainning steady inside the 1280-1304 locales. Unless we see a break on either side of the extent, further bearing can’t be dead set. Silver (19.391) is likewise steady however is trying urgent long haul backing close present levels hanging in the balance outline. This may prompt 19.66 again yet unless a break over 19.66 is seen, it may remain extent bound. [/QUOTE]
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