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Forex Signal: EUR/USD Heading to Fresh Lows

June 30, 2010 at 20:51 UTC || By Forex Playmaker  

The euro has held its ground against the US dollar over the past two week, though the shared currency’s strength was more a function of dollar weakness. As risk aversion heightens in the global marketplace, the euro will find substantial resistance to further upside. The EUR/USD is last priced at 1.2235, after falling from recent highs near the 1.25 handle. The view from the...

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