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Forex: EUR/USD tests 1.3050

January 03, 2013 | Filed Under »
Forex pairs in this Article » EUR/USD
FXstreet.com (San Francisco) - The Unique currency is trading lower against the US Dollar following the FOMC minute release. In the latest hour, the EURUSD has fallen around 60 pips from 1.3110 to break below 1.3100 level and test the 1.3050.

Currently the EURUSD is pricing at 1.3055, 1.0% below opening price action. Next support lies at 1.3040 (mín. dic.13), then 1.2996 (mín. dic.12) and finally 1.2929 (low Dec.11).
On the upside, a break above 1.3190 (high Jan.3) would aim towards 1.3300 (high Jan.2) in route to 1.3308 (high Dec.19).
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