Key levels on EUR/USD for 07-21-11

nokia2367

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Next Trading Opportunity:
If market be able to break the 1.4230 and stay above it then with high probability it will test the 1.4270 levels and above that to our next target at 1.4318 levels.
Market has enough energy to break those resistance and trade higher, however we do have a strong support at 1.4156.With break of support market will try to break the 1.4122 levels. This is very important to hold if market wants to continue to trade higher.

Please let me know if you have any questions.
please trade on your own risk.(y)
 

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