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EUR/USD Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Apr 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD surges to new record high of 1.5968 today. Break of 1.5902/13 resistance zone confirms that triangle consolidation from 1.5902 has completed at 1.5671. At this point, intraday bias remains on the upside as long as 1.5855 minor support holds and EUR/USD should take on 1.6000 psychological resistance first. Sustained...

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