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If we were to close right now…

By   || March 16, 2010 at 19:10 GMT
|| 0 comments || Add comment

…you would have to have to conclude that the euro and pound have made some some important technical headway today.

EUR/USD will have closed above the downtrend in place since the beginning of December and GBP/USD will have closes above the 1.5217 level that has capped rallies in that pair for the last three weeks.

EUR/USD trades at 1.3747 and cable at 1.5225.

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