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March 27, 2012

EUR/USD Fade Zone to Watch

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The daily EUR/USD has traveled up higher into the resistance layer between previous highs at 1.3320 and 1.3355. Since the daily has no clear bullish or bearish Directional Bias, the chances of exhaustion are high. This opens the door to setting up a short sell as the chop on the daily could begin to... FF News: Technical

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