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EUR/USD takes a nosedive

Discussion in 'Technical Analysis' started by ForexLive, Jul 15, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Euro falling sharply The euro is taking a beating at the moment. The selling started on US retail sales and has accelerated after industrial production. Aside from the US data, there isn't anything else behind the move. Wednesday's low of 1.1040 is a support level to watch.

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