fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for EUR/GBP Fri Sep 13, 2013 8:57 am | |
| Technical Analysis for EUR/GBP For the whole week, the pair has been trading within a 50-pip narrow range, pushing towards the key neckline for the double top pattern at 0.8400, a break below the level seems imminent, however we prefer waiting for a decisive break and stability below it to confirm further downside. Support: 0.8400, 0.8360, 0.8320, 0.8300, 0.8275 Resistance: 0.8420, 0.8450, 0.8470, 0.8500, 0.8540 Recommendation Neutral | |
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