04-05-2006
As expected, EURUSD is supported by the rising trend line and up trend resume again. The 1.2688 resistance is broken above, EURUSD will move higher into 1.2750 area. Key support now is at 1.2569, as long as the rising trend line support holds, uptrend will continue. On the other side, the cycle top is likely coming soon, EURUSD may pull back from 1.2750 area to retest the key support of 1.2569.
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