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Forex News / Dollar Range Tightens; Breakout Risk Increasing

26.06.2009

Dollar Range Tightens; Breakout Risk Increasing

Forex News /

The US dollar remains confined to a range.  Since 6/3, the EURUSD has ranged between 1.4337-1.3748 and the couple is in the center of that range now.  Confidence in directing is little although the topping master (USD bottoming scenario) remains valid as extensive as the EURUSD is drop down 1.4140.



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