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Slumdog Forex - Daily Forex Analysis

EUR/GBP Break Out - September 10, 2012


After trading within an ascending triangle for a couple of weeks, the pair finally broke out to the upside. Momentum seems to be strong, as the last candle was very bullish. The body was long and the candle's close was very near its high. If buying pressure persists, price could visit former resistance at .812 soon.
breakout triangle



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