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EUR/USD in Correction After Inverted H&S Pattern Breakout
Stocks, Unit trusts, Wealth Management and Forex markets
28-03-2012, 01:21 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,450
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EUR/USD in Correction After Inverted H&S Pattern Breakout
The EUR/USD is stalling after break above an inverted head and shoulders patter during the 3/26 US trading session. The 4H chart shows the neckline at 1.3285. The market rallied until a previous pivot zone between 1.3360 and 1.3385. This area provided resistance and the 3/27 US session is seeing 
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