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EUR/USD Weekly Outlook - forex fx daily current outlook

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Old 07-04-2009, 08:20 AM
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Default EUR/USD Weekly Outlook

EUR/USD's rebound was limited at 1.4196 last week and weakened sharply since then. Note that momentum of the rebound from 1.3747 was so far quite unconvincing. The structure of such rise also looks corrective. Hence, while 1.3747 support still holds, we're cautiously preferring the case that it's already completed at...

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