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Unread 08-26-2013, 06:41 AM
WindsorBrokers WindsorBrokers is offline
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Windsor Brokers - Short Term Technical Analysis for Majors (07:00 GMT)

EURUSD
The euro achieved an uptrend high of 1.3450 on the 20th of August. Since then we saw a reversal attempt when it fell to 1.3300 on the 22nd. It did manage to recover most of these losses went it went back up to 1.3410. We will remain bullish as long as 1.3300 support holds with targets at 1.3410 & 1.3450. However the opposite scenario would open the way for 1.3300 & 1.3260
Res: 1.3410, 1.3450, 1.3480, 1.3520
Sup: 1.3330, 1.3300, 1.3260, 1.3230


GBPUSD
The cable ended its uptrend on the 21st of August when it reached a high of 1.5717, since then we saw a 180 pip drop to 1.5537 which constitutes our main support for today
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