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Tuesday, September 08, 2009

Break out for Euro and Swissy

Good Evening Dynamic Traders,

Today has seen price break previous resistance and support for the Euro and Swissy respectively (charts posted below) after a period of consolidation. What remains to be determined is whether this is a true breakout or not. Price on both charts has broken in the direction of the major trend, and for those with ESLT tools will be able to employ them and have some protection if the momentum does not continue.


























Good Trading!
Bijal Shah

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