Friday, November 1, 2013

EUR/USD and GBP/USD - Monitor Key Support Clusters for Next Week

Topping: After stalling around 1.3830, 61.8% retracement, the EUR/USD retreated faster in reaction to a much expected FOMC statement, which gave USD strength against most major currencies. The EUR/USD slide to 1.35 and cracked it on Friday (11/1). Taking a look at the daily chart, we see that down in



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