0.841 resistance was broken, this pair moving advance as high as 0.865-0.866 range.. Eventhough, upside rooms are still available, but its quite risky to make any long position at this moment since this pair hasn't make any sharp pull back yet since it break the 0.82 resistance 2 days ago..
Due to its volatility, some brokerage might increase the margin requirements for this pair.
Friday, November 14, 2008
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