Forex Signals - linear regression on the EUR / USD 05/01/2012 - 5 January 2012 - Forex Signals
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Forex Signals - linear regression on the EUR / USD 05/01/2012
EUR / USD pair is trading within a descending price channel on hourly chart. I recommend to open long positions in case of breakdown on the basis of hours of resistance at 1.2936 in order to increase the resistance at 1.2961-1.2987. Stop below 1.2900.

Open short positions, I recommend that after the breakdown of the results of hours of support at 1.2900 to decline to the support at 1.2871-1.2841. Stop above 1.2940.

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