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(Automated Forex) Special Market Analysis on the Forex and Stock market short term technical outlook, which, also, alert traders with any changes on current market outlook.

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Snapshot for Yasterdays’ Analysis



EURUSD 2012.05.18

EURUSD is facing a selling pressure pushing it down as long as it remains below (1.2879) any four hours close below (1.2620) will open the way for the pair to test the next support level at (1.2575). Any four hours bare close above (1.2879) will change pair`s direction. Traders should consider selling each rally with a stop loss at (1.2879).

Resistance 1.2737 1.2786 1.2869 1.2911 1.2956
Support 1.2620 1.2575 1.2535 1.2495 1.2455
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