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Thursday, 16 May 2013

EURUSD

Lets make market of EURUSD clear alittle bit but its already very clear
Two analysis :

1- Technical analysis analysis
After breaking 1.2953 it could break to 1.2854  and now next level to be break is 1.2775
as technically show please zoom in the picture to see it clearly
The strongest support is 1.2733
The strongest Resistance  1.3200

2- Fundamental analysis
A- French has come with better than expected  ( French Non-Farm Payrolls (QoQ)
B- As show in the picture if + then bull if - then bear 
 Core CPI (YoY) And CPI (YoY) and other news )
let see what will happen .. 

Note // Fundamental can break trend of technical analysis trend.

Regards

Shaikh Talan 

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