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Eur/Usd: Consolidating or Rebound?

posted by Avatar caseystubbs 828 days ago in USD, EUR, Technical made popular 828 days ago

The Euro yesterday gave up all of it's gains verses the Dollar but stopped short of reaching new lows. The pair stalled out at 1.3540 and the previous lows were around 1.3531. Right now we could be entering a consolidated range trading period where the price will be waiting before making a decision which way that it is likely to go.
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