EUR/USD. Uptrend brokenEUR/USD (1.2287) is down slightly overnight. It rallied a bit in Asian trading before selling off hard in the European morning. It is stabilizing coming into the US open. After failing at 1.25 Monday, spot slipped and has since stabilized. However, the lack of upward momentum has caused it to breach the recent uptrend.Data release: Euro
Wednesday, 5 October 2011
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