Neutral Hourly Sentiment is currently seen as Price remains in Accumulation Range of 1.3759 Daily Static Support and the 1.3953 Daily Pivot Area with RSI Readings and Slope confirming the Upside Correction at “42”. Failure to Clip the daily Pivot sees an Hourly Wedge/Flag Formation as Price continues into Consolidation. The 20/20SMA Bearish Cross is still active, signifying considerable Downside Weight moving forward
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Tuesday, June 16, 2009
EUR/USD Current price: 1.3828
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