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DailyFX Home / Analyst Picks / Joel Kruger

Long EUR/USD @1.2460

By Joel Kruger, Technical Strategist
08 June 2012 11:01 GMT

Fresh long established on Friday in European session following excessive hourly pullback. Despite the retreat, we still see a chance for a bullish weekly reversal and like the idea of buying a dip with hourly studies well oversold. Stop only if market closes in NY below 1.2400.

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08 June 2012 11:01 GMT