Breaking News: Confidence in Euro Increases

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Euro Fx/U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro Fx/U.S. Dollar

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This coincides somewhat with the correction in the USD I just posted about about. Bloomberg reported that confidence in the Euro is increasing, hence it might be the right time to consider a long position. Note the increasing slope in lows here followed by increased buying pressure on the EURUSD .

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