XAGUSD failed to pass resistance and will retrace and test support
- Tuesday, March 29, 2011, 15:00
- Metals
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Having failed to pass the 36.780 resistance, XAGUSD looks as if it will retrace and test support at 36.570. A successful breakdown at 36.570 places 36.530 as the immediate target, but if it holds here it will likely bounce back to resistance at 36.780.(HND)
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