Currencies : Crunchy time for EUR/USD
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The next day or so is going to be a crunch time for EUR/USD.
Either the rate will fold back in to the ranges, or a new USD bull trend will develop. A break of the key support area between 1.2450-1.2350 will confirm the latter and should see the rate head back toward the 1.1650 lows.
Currently at 1.2493
posted by GoldTrade @ 12:43 AM
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