Today’s Market Outlook

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Continues to move within 1.3025/1.3200 range, after repeated failure to reclaim previous peak at 1.3232. Near-term tone is showing the downside pressure, as the pair opened with gap lower and continues to move lower. Break below initial support and higher base at 1.3085/65, now looks for test of next levels

Post Title: Today’s Market Outlook
Author: admin
Posted: 6th February 2012
Filed As: Forex, Technical Analysis
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