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Weekly Technical Strategist

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February 8, 2009 by admin 

An attempt to maintain its declines off the 1.4719 was rebuffed last week, turning the pair higher to close the week higher at 1.2925,its first since tumbling off the mentioned high in Dec’08.This development now leaves the pair aiming at its nearby resistance(falling channel top, daily chart) currently at 1.2975…

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