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[QUOTE="olofx, post: 58121, member: 29907"] [b]Fundamental Analysis 31/1/2014[/b] The Euro (1.3550) accelerated its drop to check the important support zone of 1.35-1.3540 after failing to break overhead the foremost trend decider grade of 1.3750 in line with our expectation. A shatter underneath 1.35 may pull it down to 1.33 and 1.31 fast. Dollar-Yen (102.18) is consolidating beside the bull market characterising support level of 101.50-101.90 but for the strength to come back, it should shatter overhead 103.70-90 and 105. The Euro-Yen traverse (139.23) was rejected harshly from our opposition of 141.50 to come to our goal of 139 as the weak structure cited before showed its factual hue. The drop may continue to 138.45 and 137 underneath that while residual underneath 141.50. The Pound (1.6480) remains in its own world as a relative outperformer and may trade in the variety of 1.6350-1.67 for some time more. The Aussie (0.8796) has rebound from the foremost support of 0.87 but should proceed overhead 0.89 to make it significant. else, it could be in hazard of seeing a collapse towards 0.8500. [URL="https://www.olofx.com/"] More Info Click Here [/URL] [/QUOTE]
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