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Monday, June 4, 2012

BANDWAGON FX ? EUR/USD BOUNCE

Everybody is getting on the "long EUR/USD " bandwagon today, even with a stall at 1.2508.  We have some solid resistance up here with this level being the Break Down from May 29th 2012 of which the pair couldn't break 3 times before that!  One on May 24th, and 2 on the 25th when everything was looking EUR/USD heavy.  Keep an eye out for this level, as its definitely a key level here.

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