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1.5200 barrier next hurdle of note

By Jamie Coleman  || November 25, 2009 at 19:31 GMT
|| 5 comments || Add comment

Not much in the way of technical resistance until the 1.5285 area…The next hurdle for the market to overcome is a barrier at the 1.5200 level, traders say. 1.5095/00 is now support on pullbacks. Given the fast move to 1.5144, lots of stops were likely left uncovered by interbank dealers. They will be hoping for dips to get them back.

11-25-EUR

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5 Responses to “1.5200 barrier next hurdle of note”

  1. Adje on November 25th, 2009 19:34 GMT

    US Mint suspends temporarly sales of one ounce gold coins

  2. Tajul Akbar Bin Ismail on November 25th, 2009 19:39 GMT

    that was my analysis, S/R @ 1.5100/1.5285 … i just needed confirmation because 1.5285 a bit high i thought … i think 1.5200 is the right one for the near resistance

  3. Tajul Akbar Bin Ismail on November 25th, 2009 19:40 GMT

    hopefully there will be a retracement so I can get in :-)

  4. Stephen on November 25th, 2009 19:43 GMT

    I guess nobody gives a flying **** about the greenback anymore – where are the big boys?

  5. Tajul Akbar Bin Ismail on November 25th, 2009 19:47 GMT

    Eating turkey :-)



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