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Day: June 9, 2012
June 92012
Forex Technical Analysis for Week 06/11—06/15
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2151 1.2268 1.2391 1.2508 1.2631 1.2748 1.2871 GBP/USD 1.5047 1.5184 1.5327 1.5464 1.5607 1.5744 1.5887 USD/JPY 76.54 77.25 78.36 79.07 80.18 80.89 82.00 EUR/JPY 93.39 95.07 97.26 98.94 101.13 102.81 105.00 GBP/JPY 115.74 117.74 120.33 122.33 124.92 […]
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June 92012
Australian Dollar Posts Weekly Gains, Reverses Downtrend
The Australian dollar had a nice rally this week as positive domestic fundamentals added to improving market sentiment that pushed currencies related to growth higher. That was a refreshing sight after a long stretch of declines. The Aussie was rallying for the most part of the week, demonstrating a particularly strong performance on Wednesday. That is a pleasant turn of event, considering that the currency has entered a downtrend in the beginning of March. It is too […]
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