Intraday Market Thoughts
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Archived IMT (2009.01.07)

by Ashraf Laidi
Jan 7, 2009 12:42

Daily GBPUSD illustrates the 2-week cycle intervals of recent peaks , each of which corresponded with peaks in the stochastics. This makes $1.51 a tentative target for today, especially as it coincides with the 50-day moving average. $1.52 stands as the 61.8% retracement of the . . . Rest available to subscribers.

 
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