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March 8, 2012

EUR/USD Attacking Key Resistance Area Near 1.33

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The EUR/USD did indeed rally from the double bottom spotted at the end of the 3/7 US trading session. As the market trades into the 3/8 US session, EUR/USD is attacking a key resistance zone. The 1.3288 level is 50% retracement of the swing from 1.3483 to 1.3093. This is coincident with a resistance... FF News: Technical

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