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Minyu2Fx

Sunday, February 24, 2008

Technical Analysis

The pair still in consolidation. The pair has not have a breakout (see my previous analysis) as I expected. However, the support at 208.76-209.50 seems to hold for the moment. The chart shown that we should have a breakout next week. First target upside is the FE 100.0 at 216.40 and the target below is the 23rd January low at 204.72.

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