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[QUOTE="olofx, post: 58233, member: 29907"] [b]Fundamental Analysis 3/02/2014[/b] The Euro (1.3550) indicated a move in the direction of 1.33 and even 1.31 as it has broken the significant support zone of 1.35-1.3540 after falling short to shatter overhead the foremost tendency decider grade of 1.3750 in line with our anticipation. The bearish impetus may boost underneath 1.3450 while any possible rebound may face good trading force. Dollar-Yen (102.37) is consolidating beside the bull market characterising support grade of 101.50-101.90 but for the strength to come back, it must break overhead 103.70-90 and 105. The Euro-Yen Cross (138.03) accomplished our first goal of 138.45 and made a reduced very close to our second target of 137. Holding this reduced of 137.45, it may try to rebound in the direction of 139.50 but all rallies are expected to be sold into. The POUND (1.6424) remains in its own world as a comparative outperformer and may trade in the variety of 1.6350-1.67 for some time more. The Aussie (0.8746) has bounced from the foremost support of 0.87 but must go overhead 0.8830 and then 0.89 to make it significant. else, it could be in hazard of glimpsing a meltdown in the direction of 0.8500. [url]https://www.olofx.com/[/url] [/QUOTE]
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