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EURUSD falls then rises. Fitch downgrades Portugal.
EURUSD goes down and EURUSD goes higher. Where did the bids show up? The 100 hour moving average holds the decline and the price move up and through HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange ... (full story)