Morning technical analysis

EURUSD We may have seen a rally in this pair on Thursday, but I’m yet to see anything to change my bearish outlook. In order for this to change, I’ll need to see a significant break above 1.30, a huge resistance level for a number of reasons. Firstly we have the 50 fib level, which the pair bounc…

Excerpt from:
Morning technical analysis – 24 May 2013

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