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Dollar Remains Primed for Breakout Against Euro, British Pound

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 19, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The Euro remains in a tight wedge formation against the US Dollar, with Rangebound price action likely to culminate in breakouts through short-term currency trading. Given a previously bearish bias on the Euro/US Dollar pair, a downside break and further US Dollar strength seems the more likely outcome. Near-term EUR/USD...

    complete article here...

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