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March 5, 2012

EUR/USD Bounces off Support Cluster and Pushes Back Above 1.32

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The EUR/USD followed through a double top with a slide below 1.33, and below 1.32. In the previous update, we looked at a support cluster near 1.3165 as well as a trade plan to buy from here. The risk was a bearish continuation, and a stop was anticipated at 1.3130 and the reward potential was 1.33.... FF News: Technical

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