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EUR - USD 25 JUNE 2009 ( RESULT PROFIT )

The EURUSD failed to continue it’s bullish momentum yesterday. The pair attempted to push higher, topped at 1.4136 but further bullish scenario was rejected as the pair whipsawed to the downside, bottomed at 1.3888 and closed at 1.3927. On h4 chart below we can see that the pair now is re-testing the trendline support area. Break below the trendline support should trigger further bearish momentum re-testing 1.3750 key support area.

11PIPS WITH ROKOKSALEM

SHORT/SELL : 1.3908 ET /TP: 1.39 97 SL: 50PIP
 

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