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Euro Decline is a Bull Trap PDF Print E-mail
The EURUSD has fallen materially overnight and is close to testing the psychological 1.55 level. Support should be strong in the 1.5450/90 zone. The drop from above 1.58 counts better as a correction than an impulse (to this point), so be careful of chasing the EURUSD lower.

Posted originally: Thu, 29 May 2008 09:15:05 +0100

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