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February 11, 2012

EUR/USD Tops Off in the Short-term; A Look at Reversal Targets

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The EUR/USD failed to maintain the bullish bias reported in the last update. Instead, after cracking the 1.3311 high, the market fell back slowly below the levels prior to the ECB meeting and then the rising trendline seen in the 1H chart. As the 2/10 European session got under way, the EUR/USD... FF News: Technical

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