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1.2900 Falls But 1.3000 Sticks |
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Blog & Emails
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From last weeks post, I said that it would bw 1.2900 and a solid break of 1.3000 that would be needed for a larger move to begin. We got the 1.2900 to fall but 1.3000 is still putting up a fight. The high from last week is 1.3027 and a move to there could be expected, but may not hold strongly. I read a post on another site that called it "pain on the top side". I agree, this move could be painfully slow, and could reverse strongly. Be sure to move stops up if you are long if price begins marching up again.

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