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Mood!

Thursday, February 25, 2010

EURGBP

Well this went further than I thought..BUT like the AUDUSD chart from 23/02/10 AUDUSD  the negative divergence set up is looking better with a new high and RSI flat.  And the STOP for a short is close by so RISK/REWARD  looks good as well.


GBPUSD looks like it is close to target so with Greece and other countries weighing on the €, maybe £ will start to outperform again vs Euro.

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