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Unread 05-13-2010, 03:36 AM
WindsorBrokers WindsorBrokers is offline
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Windsor Brokers - Short Term Technical Analysis for Majors (07:45 GMT)

EUR/USD

Maintains negative structure off 1.3093, with market now pressuring 1.2602. Trendline off 1.2515 so far held the downside attempts, and currently standing at 1.2628. Break below here and 1.2602 is required to attract 1.2515, possibly the key support at 1.2455/1.2313 on a break. Upside, 1.2760/1.2807 offer initial resistance, and pivot remains at 1.3093.

Res: 1.2738, 1.2760, 1.2807, 1.2815
Sup: 1.2628, 1.2602, 1.2569, 1.2515




GBP/USD

The latest gains off 1.4719, yesterday
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