EURUSD Technical Update November 1st 2012

URUSD has retraced from the 1.3020 range highs printed yesterday and has been as low as 1.2924 during trading today. The 1.3000 area has once again held as a pivot with price failing to print a 4 hour candle close above this point when referencing the chart below. The broken trend line resistanc…

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EURUSD Technical Update November 1st 2012