EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.2951 and 1.3834. The sharp sell-off broke through the 1.3328-60 support zone, aiming at 1.3090. The intraday bias is negative for 1.3090,...
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