Thread: EURO vs USD
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admiral
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Default 30th October 2008

Euro is having a nice rally in the last few days , let us watch and see if this is a merely "dead cat bounce" or this rally has really strong legs to support it , as mentioned before the next level for the euro to break is the 1.30 to 1.3255 level , if this level is broken the Euro will be heading towards the 1.3768 level which is also a strong resistance to break .

if the 1.30 -1.325 is not broken the euro will be heading down again to the 1.25 area.

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