Daily FX Technical Analysis 27 April 2012

Amy Forex

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Hi all,

The EUR/USD prices have succeed in breaching down the upward channel to reach the Moving 55 at the 1.3157 level , and today we expect it should slip further , if it breach down the main support level of 1.3150 , this will push the prices to decrease and test the 1.3129-1.3105 area then to the 1.3050 level.

Any up corrections towards the 1.3200- 1.3230 area would represent a great opportunities to short the market.

chart27.png


Good luck ;)
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