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June 21, 2012

EUR/USD Forms a Double Top With a Break Below 1.2550

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The EUR/USD had a very sharp slide today, falling from 1.27 in the European session, through the 1.2635 support pivot from the 6/20 session, then below 1.26 and June's rising trendline, and for an encore in late 6/21 US session, it is pushing below 1.2550. The 4H chart shows this break to be very... FF News: Technical

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