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EUR/USD Close to Long-Term Downtrend Resistance

From Forex Crunch
November 26, 2012 - 6:16pm
As details around the Greek deal remain vague, EUR/USD hesitates. Looking at the charts, there might be another reason for hesitation. The thick black line begins at the 2011 high of 1.4940 and gets close to the prices twice in 2011. Also during this autumn, when the pair was in a tight range, it got

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