Tag Archives: bearish orientation

Eur/Usd Technical Analysis for 21st November 2008

Posted on21. Nov, 2008 by admin.

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The pair continues to fluctuate within a restricted range and is currently traded around the .12500 level. However, a double doji formation on the daily chart implies that a sharp move is impending, with a distinct bearish orientation. Traders should wait for the breach and swing.

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