EUR/USD Technical Analysis 12.03.2012

Amy Forex

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Hi All,

The Fibo Fan is playing the last strong support at 1.3084, for the last EUR/USD prices decline. A push above 1.3084 by the single currency could suggest further gains ahead as high as 1.3221; if the support1 and support2 are broken. While breaching and holding below this level could indicate more selling, and next target 1.29350 is not excluded.

chart12.png


Good luck :)
Source : mbcfx.com
 
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