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EUR/USD Forecast September 9-13

From forexcrunch.com

*All times are GMT EUR/USD Technical Analysis Euro/dollar started the week below the broken trendline (mentioned last week). It then continued lower, bouncing off the 1.31 level, before closing at 1.31. Technical lines from top to bottom: 1.37 was the 2013 peak, and is still far. 1.3590 capped EUR/USD back in February and is minor resistance. 1.3520 was a swing high in February, before the pair tumbled down. 1.3450 is the new peak of August 2013 and serves as the next resistance line. 1.3415 was the peak back in June and serves as a strong line of resistance, also after the break. 1.3350 provided support when ... (full story)

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