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8月29日 EURUSDForex Trading News: EURUSD Consolidates, Trading Near 50.0% Fibonacci LevelPosted by Mr. Danish FX on Fri, 08/29/2008 - 12:57am in
Behind the EURUSD hitting 6-month lows, the pair has consolidated seeing a pretty tight trading range. The pair is now almost exactly near 50.0%. The 61.8% and 38.2% levels were both broken temporarily, yet the pair was unable to break towards either high or low.
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