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EUR/USD Forecast February 27, 2012, Technical Analysis

posted by Avatar FXEmpire 478 days ago in USD, EUR, Technical made popular 478 days ago

EUR/USD shot straight up again during the Friday session as the markets continue to short cover the market that has been so heavily short for so long. The pair looks like it found serious resistance in the 1.35 area, and it should be said that the area we find ourselves in at the moment is the 50% Fibonacci retracement from the fall last year. The
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