The pair is currently @ 1.5575 and testing the bottom of the trendline.  IF we break down expect a move first to the R2 @ 1.5485.  Break here look to the 1.5400 and a bounce look to go back to the R4 @ 1.5630 targets.

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Comment by Gonçalo Moreira on August 8, 2012 at 9:40am

Scott, you are on the home page ;-)

Thanks for your participation in the network!

Gon

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