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EURUSD fib resistance

By Z - Posted on March 4th, 2008
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The technical target following the break of this multi-week bull flag is somewhere around $1.55 though some nice fib resistance can be found right at the current levels. This could turn the pair down for a re-test of the upper limit of the recent trading range ($1.49/1.50) that would be about 61.8% retrace of the recent run up.

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