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EUR/USD Forecast for the Week of February 20, 2012, Technica

posted by Avatar FXEmpire 459 days ago in USD, EUR, Technical made popular 459 days ago

The EUR/USD pair has bounced yet again from the 1.30 level. It is becoming increasingly obvious that somebody somewhere doesn’t want sub-1.30 prices. The latest move was done after the newswires picked up a “rumor” that the European Central Bank was going to swap out Greek bonds that were coming due with longer dated ones. In other words – bail the
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