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July 19, 2012

EUR/USD: Disappointing US data helping euro bullish case

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The EUR/USD traded in its 1.22/1.23 range again on Thursday, failing to clearly overcome the highs around 1.2330/40 that remains as key resistance level in the pair. Early US, the pair nose dive to 1.2229, only to bounce back strongly of quite disappointing US numbers: QE3 mat come sooner than... FF News: Technical

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