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09.05.201112:05 Forex Analysis & Reviews: The market manipulations analysis of the EUR/USD by Alexey Portnov for May 9, 2011

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The medium-term expectations turned out to be true - the euro started to decline. There are all conditions for a reverse and further decline of the euro. Today there are certain conditions fro testing the sell levels. Therefore, today we should expect the zone 1.4480-1.4540 to be tested, afterwards further decline will follow.
Trading recommendations:
-i recommend to sell if the supply zone is successfully tested.

Exchange Rates 09.05.2011 analysis

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