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EUR/USD Possible Continuation

Friday, 21 April 2006 15:12:57 GMT

Written by Jamie Saettele, Technical Currency Analyst

Setup:

·    EUR/USD continues to break daily trendlines and make 2006 highs
·   The recent pullback presents an opportunity to buy a dip in anticipation of continued strength
·   Significant resistance ahead also presents a possible reversal opportunity

 

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