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EUR/USD Weekly Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Mar 23, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD surged to new record high of 1.5902 last week initially, but subsequent sharp pullback, with daily MACD dragged below signal line, suggests that a short term top is at least formed. From a short term angle, initial bias will remain on the downside as long as 1.5567 minor resistance...

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