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January 5, 2012

EURUSD: Violates The 1.2874/56 Levels

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With continued sell off breaking the 1.2874/56 levels during Thursday trading session, further bearish momentum is expected in the days ahead. This will leave the risk of further weakness towards its Sept 2010 low at 1.2703 where a breach will set the stage for further declines towards the 1.2587... FF News: Technical

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