Thursday, 11 July 2013

EURSEK - Marabuzo Line Dominates

Take a look at the chart below to see the relevance of the Marabuzo line created by the strong gains from last Friday.
Despite some huge volatility in this cross the line, 8.6700, is holding on a closing basis.
There's no confirmation yet but it is likely that a platform for higher levels is being built. Look for close above 8.7400 to indicate this.


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