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EUR/USD Technical Analysis for July 29, 2011

posted by Avatar FXEmpire 663 days ago in USD, EUR, Technical made popular 663 days ago

The EUR/USD pair has fallen on Thursday as the traders around the world have been punishing the European bond markets. The Italian yields were rising yet again during trading, and as such, the EUR/USD has been falling. The day did produce a bounce towards the end of the session, but this pair still looks weak, and we now like selling rallies.
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