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Publish Date28/12/2012 11:18:03 AM
Last Update28/12/2012 12:06:50 PM
The pair dropped significantly approaching the 138.00 area but it rebounds to the upside once again in attempt for recovery. This activates the scenario we expected in our previous report and validates it for today , as long as pivotal support levels between 137.85-137.50 hold.
The trading range expected for today is between the key support at 137.85 and the key resistance at 141.00.
The short-term trend is to the downside targeting 112.00 as far as 150.00 remains intact.
|Recommendation||Our expectations remain valid|
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