Technical Analysis

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Fri, 30 Sep 2011 12:37:47 GMT

EUR/USD to step lower

“Economic growth in Europe and the U.S. is notthat good, and that will put pressure on the euroand give a bid to the dollar”- Commonwealth Bank (based on Reuters)Industry outlookIn the short-term the bullish momentum is likely to fade away and slowly turn into a bearish one, which is expected to drag the pair down to 1.3515 en route to

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