Friday, April 29, 2011

Growth Of Bearish Potential As A Factor For EUR/USD Correction

The assumed retracement to the key resistance levels has been confirmed with conditions for realization of the planned short positions. OsMA trend indicator, having marked a drop of parties’ activity, doesn’t contradict with preservation of earlier opened short positions targeting 0,8690/0,8700, 0,8660/70 and/or further breakout variant up to 0,8620/30, 0,8580/90.

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