Saturday, February 8, 2014

EUR/USD Weekly Outlook

EUR/USD recovered from 1.3476 last week but as mentioned before, it's still kept inside a near term falling channel, and well below 1.3739 resistance. Deeper decline is still expected in near term to 38.2% retracement of 1.2755 to 1.3892 at 1.3458. Break will target 50% retracement at 1.3324. Nonetheless, break



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