by Wed, 27 May 2009 11:25:04 +0200
Deltastock Daily Fx Analysis
May 27, 2009
Current level- 1.5977
The pair is in an uptrend, after bottoming at 1.3506. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4778 and 1.5510.
Yesterday's dip below 1.5835 found good support at 1.5772 and the uptrend is renewed towards 1.6292. Intraday support comes at 1.5916 and crucial is 1.5772.
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