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February 9, 2012

EUR/USD: The Breakout Higher and the 1.3250 Level

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Despite the momentum of the 1:00amEST acceleration higher, the EUR/USD could not get any footing above the 1.3100 level. This is not a bearish statement but rather an assessment of where the next resistance area is waiting since the breakout invalidated the intraday resistance between 1.3280 to 1... FF News: Technical

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