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Tuesday, 3 July 2012

COPYCAFX CHART AND TRADE SET UP ON EUR.USD (2.07.2012)

The EUR.USD pullback from the previous Friday explosive move, closing the day at  1.2578.We will like to see a close above the near term resistance zone around 1.2745.There are two possibilities for this market in near term,ranging tendency between 1.2745 to 1.2440 or a pullback price action setup that will ensure the continuation of the explosive move.

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