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Technical Analysis: Technical Summary for Majors
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EUR/USD The pair dropped yesterday to 38.2% Fibo at 1.2325 of 1.2130 to 1.2440 rise, still on a side way trend if 1.2440 high is not broken. On the downside 1.2325 remains the first support ahead of 50% Fibo 1.2285, and 61.8% Fibo at 1.2250, were a break there would open the point the rise started at 1.2215, the upside will be resumed after a break of 1.2440, then to 1.2505, which will open 1.2555 and 1.2625 next. Res: 1.2440, 1.2505, 1.2555, 1.2625 Sup: 1.2325, 1.2290, 1.2250, 1.2215 GBP/USD
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