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EUR/USD: Technical Analysis
Stocks, Unit trusts, Wealth Management and Forex markets
11-08-2012, 12:01 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,425
Potenza rep: 10
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EUR/USD: Technical Analysis
Overall the outlook has turned bearish for eurodollar now that the pair has broken down below the 1.2300 level and back into its channel. My preference is for a continuation down to trend-line support at 1.2215 particularly if the 1.2360 lows are broken. Signs of short-term strength, however, could act 
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