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Weekly Review 22nd January 2010

Market Analysis - Weekly Technical Analysis

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The Dollar has resumed its bullish trend this past week breaking below the 1.4217 low in EURUSD but has only tested the prior 1.0506 resistance in USDCHF. As we move into the new week short term momentum favors new highs in the Greenback but quite how far it ca reach is under question as longer term momentum is beginning to show early signs of weakening...

Please see the PDF file for comments on all 9 currency pairs covered...

Ian Copsey


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