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Forexpros.com Daily Analysis - 11/05/2009

Discussion in 'Market Predictions and Reports' started by Forexpros04, May 11, 2009.

  1. Forexpros04

    Forexpros04 Forexpros Representative

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    EURO/USD is expected to swing and slide for a day
    EURO after making upward rise for week end as expected by us is going to slide today as week beginning false drop before further rise from mid week.
    It has formed 1.3667 as high for today and then started the slide to 1.3592.it is expected to swing and slide further to 1.3487 area today.


    GBP/USD is expected to swing and slide for today
    GBP after making upward rise for week end as expected by us is going to slide today as week beginning false drop before further rise from mid week.
    It has formed 1.5263 as high for today and then started the slide to 1.5192.it is expected to swing and slide further to 1.5037 area today.



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