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Technical analysis for crosses(EUR/GBP)-12/10/2007

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10 December 2007 @ 12:00 am EST

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(EUR/GBP)

The Euro declined slightly against the Pound in a correctional move as the pair inclined heavily last week, yet the general trend remains well to the upside, and targets are set at the 0.7227s then 0.7250s, while the point at 0.7195 seems to offer good demand for the pair.

Support

0.7210

0.7195

0.7181

0.7170

0.7159

Resistance

0.7220

0.7230

0.7245

0.7260

0.7270

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