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July 23, 2012

EUR/USD Breaks the 1.21 Handle; Slightly Oversold in the Short-term

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The EUR/USD broke below last week's consolidation low at 1.2159 on Friday (7/20), and started this week weighed down further by weekend developments. As we gear up for the 7/23 US session, the pair has broken below the 1.21 handle, but is also in a slight pullback as seen in the 1H chart. We also... FF News: Technical

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