EUR/USD is getting close to the resistance area defined by the declining trendline and 1.3023 (25/10/2012 high). An hourly support is at 1.2944 (26/11/2012 low). Another support is at 1.2834 (intraday low). • The underlying trend is negative (see declining trendline linking the May 2011 high w…
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EUR/USD – Approaching declining trendline – MIG Bank