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USD to set to turn lower

posted by Avatar erzon 705 days ago in USD, EUR made popular 705 days ago

The Euro rallied on Friday after Bloomberg reported that Germany may buy Greek bonds. Shorts read this as a potential vote of confidence for Greece and used the news as an excuse to cover positions. The strong rally put the EUR USD in a position to turn the main trend to up on a rally through the last main top at 1.3692.
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