Sunday, January 26, 2014

EUR/USD Technicals - Staying Bullish For Now But L/T Bearish Concerns Remain

EUR stayed relatively stable against the onslaught of USD last Friday, closing at 1.3678 slightly lower than Thursday's US closing level of 1.3695. Compared to other risk currencies such as GBP, AUD and NZD, this stability of EUR in the face of sharp risk aversion is a strong testament



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