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EURUSD setting itself for a dip. EURUSD seems to be setting itself for dip and it seems that 1. 2800 seems a very good selling level. The initial target seems 1. 2600 level and some traders might look to target 1. The traders will be quite keen to sell EURUSD around this level as it seems that once EURUSD managed to break below 1. 2700 level, we might see an extended dip by EURUSD.
The RSI is also nicely placed just above 35 and thus suggesting that it has more than enough space for a nice move. A god selling level can be seen around 85. Monday, August 30, 2010. Posted by Muhammad Zeeshan Ali, PMP, PMI-ACP.
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