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January 11, 2012

EUR/USD – Heavy Price Action Suggests Bearish Continuation

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Has the correction in EUR/USD been complete after a 38.2% retracement? Price action certainly suggests so during the 1/11/2012 European session just ahead of the US session at 6:30 EST. The 1H chart shows heavy candle following through with a break out of a consolidation pattern. The RSI failed to... FF News: Technical

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