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April 27, 2012

EUR/USD Trading At Short-term Trendline

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The EUR/USD has been rallying in the past 2 weeks after it barely cracked the 1.30 handle on 4/13/2012. It has since been treading with a relatively well-behaving trendline. The 4H chart shows a market in a rising channel or wedge pattern. The moving averages, and price action relative to the moving... FF News: Technical

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