Serious plunge yesterday on worries about European debt crisis. Daily oversold, H4 oversold and pointing upwards, H1 neutral. Expecting some correction or consolidation at least before weakening below yesterday's low. As long as strong resistance @ 3660 holds, we are going south, targeting 3350-3300 during the next couple of days. Immediate resistance is 3520-30 area, a confirmation above this level may push the price higher towards 3560-70. Expect sellers here. (Issued at 2010-11-17 06:35 GMT. )
SHORT @ 3560, SL 3580, TP1 3540, TP2 3520, TP3 3505.
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excellent,thanks for ur information
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