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May 30, 2012

EUR/USD Confirmed Bearish Breakout; 2008 Low 1.2330 in Sight

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The breakout from consolidation came with a break below 1.25 in the 5/29 US session. Then there was a end-of-session pullback to 1.25 with bears standing ground. After this picture-perfect breakout confirmation, the market fell lower throughout the 5/30 Asian and European session now trading just... FF News: Technical

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