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Friday, 13 July 2012

2012.07.13 09:37:41 GBP/JPY intraday: key ST resistance at 122.9.

EUR/USD intraday: capped by a negative trend line.

Update on supports and resistances.
Pivot: 1.223

Our preference: Short positions below 1.223 with targets @ 1.2165 &
1.215 in extension.

Alternative scenario: Above 1.223 look for further upside with 1.2265
& 1.2295 as targets.

Comment: as long as 1.223 is resistance, look for choppy price action
with a bearish bias.

Key levels
1.2295
1.2265
1.223
1.21899 last
1.2165
1.215
1.213
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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

10.07.2012 22:45 Down

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