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forex outlook EUR/USD

eurusd

Falling wedge pattern is a bullish sign.
I think EUR/USD goes higher in near term.
if EUR/USD gets to 1.34 buy it with target around 1.36

dxy

US Dollax index is approaching resistance ahead from 86 – 86.5
i see some good upside as long as US Dollar index doesnt get above 86.5

January 21, 2009 Posted by gloomdoom | Forex | | No Comments Yet