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Friday, 27 April 2012

DailyFX - Forex Market News: Guest Commentary: EURUSD Analysis - Nearing Triangle Resistance

DailyFX - Forex Market News
Forex Market News
Guest Commentary: EURUSD Analysis - Nearing Triangle Resistance
Apr 26th 2012, 18:50

The pair held above major support back on April 16 and has since been climbing toward the upper band of the triangle. A breakout of the triangle which has been in place since mid-February is likely to have a significant impact on traders trading almost all time frames.

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