By
Forex4you |
Technical Analysis | Oct 13, 2011 08:35AM GMT |
Eurodollar has been consolidating within a range and forces are quite balanced. The strong rally from the lows has slowed down and it is debatable whether it will continue. Whilst the pair will probably move higher, reaching to the 1.3900 target eventually, there is also a strong possibility it could fall back down to pivot support clustered at 1.3725.

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