EURGBP: the pair wants 0.9 back-13:30 (CET)

19 November 2009 @ 08:19 am EDT

The pair went seeking new highs again, after meeting the support at 0.8909, a level used both as a support and resistance in the last few days. To continue going up, it will have to hit 0.8945, yesterday's high. Once there, there is an important resistance before getting to 0.90 again. On the downside, losing 0.8909 will make the day a downwards one, with eyes set on 0.8884 / 52.

Copyright 2009, Advanced Currency Markets SA, Forex Broker, All Rights Reserved

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