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August 29, 2012

USD/CAD - Successful test of the 21 August low

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EUR / USD High of rising wedge challenged again. EUR/USD has strengthened yesterday. Still, no higher low has been made and the rising wedge (a bearish technical pattern) is still intact. A break of the support at 1.2431 (22/08/2012 low) is needed to suggest the end of the rise that started ... FF News: Technical

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