Monday, September 29, 2014

EUR/USD Preserves Bearish Momentum

As it turned out last week, the 2013 low was unable to prevent the Euro from further depreciation. As a result, EUR/USD is now testing the support at 1.2650, represented by the 2012 Q4 low. If there is a rebound from here, it is likely to be stopped by 1.2750,



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