Euro Near Weekly Highs, Following Commodities

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The euro recovered Tuesday’s losses as the dollar weakened against commodities and commodity currencies. Intra-day resistance around 1.3250 was under pressure earlier today, after breaking above former resistance around 1.3180 yesterday, but the pair shows minor signs of weakness at the time of writing. Momentum studies remain bearish on a

Post Title: Euro Near Weekly Highs, Following Commodities
Author: admin
Posted: 30th December 2010
Filed As: Forex, Technical Analysis
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