EUR/USD Holding near 1.28, Challenged by the 2012 Declining Trendline

Rally since July: The EUR/USD has been in a bullish mode since the 1.2042 low from July 24. The euro has been in a reprieve and the US dollar has been losing ground due to increasing speculation of the FOMC to implement QE3. Even before the NFP last Friday (9/7), the market already pushed through... FF News: Technical

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