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EUR - USD daily forecast - 27 February 2009

| Friday, February 27, 2009

Hello , this is my first post. As you can see , on the daily chart E-U makes a clearly visible channel heading down , but there are possible signs of reversal . If it breaks the upper part of the channel with at least 20 pips you should buy , while if it keeps heading down you should sell after a confirmation .One thing is certain though ... the weekend will show some important moves on Eur-Usd .:)

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