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EUR/USD – Eases away from Resistance Level at 1.37
The Euro enjoyed a strong surge higher in the couple of days to finish last week sending it to its highest level since January this year, touching above 1.3700. For the most part over the last month or so the Euro has traded within a narrow range between 1.3450 and 1.3650 although in the last couple of weeks this range had narrowed down to between 1.35 and 1.36. The former level of 1.35 was strongly tested earlier last week and stood tall as the Euro fell heavily a couple of times and was able to receive some solid support from 1.35 before rallying a little higher. A few weeks ago the Euro surged higher through the ... (full story)
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