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EUR/USD – Trading Between 1.29 and 1.30
The Euro did well to finish last week by moving back up through the 1.29 level after experiencing a wild ride in that time by surging higher to the resistance level at 1.30 before falling sharply back down towards the long term support level at 1.28, only to be followed by another surge higher back above 1.29. This followed a couple of days earlier last week where the Euro was able to finally show some resilience and rally higher to regain some lost ground moving back to above 1.29. Over the couple of weeks prior to last week, the Euro fell considerably from near 1.32 down to six week lows near 1.28. Back at the ... (full story)
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