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August 8, 2012

EUR/USD Remains in Range Between 1.2340 and 1.2442

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The EUR/USD continues to trade in a range between the Friday's (8/3) high at 1.2442 and than Monday (8/6) low at 1.2340. So far we have 2 tests of the 1.2442 level and about to be a second test of the 1.2340 support. The RSI reading in the 1H chart is stepping on 40, a break below which reflects... FF News: Technical

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