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August 19, 2012

EUR/USD meanders between EMAs, key Fibo

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EUR/USD continues to trade between the 21 and 55-day EMAs at the weekly open, starting the day with a slight 20-pip gap up to 1.2350. Also, worthy of note, price remains bracketed between the 38.2% and 50% Fibonacci retracement levels of the decline from 1.2748 and 1.2042. US yields jumped substa... FF News: Technical

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