Morning technical analysis

There’s been quite a lot of indecision in this pair over the last couple of weeks. The pair is currently stuck in a range between 1.30 and 1.32, and as it stands, a breakout doesn’t look very likely in the short term. This morning, the pair has found support from the 50 day SMA, which may prompt a…

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Morning technical analysis – 22 April 2013

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