EUR/USD Technical Analysis for July 11, 2011

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By ForexMansion.com

 

EUR/USD fell on Friday as the Non-Farm Payroll report came out much lower than expected. The pair looks extraordinarily weak at the moment, and the markets are now starting to worry about Italy now. The pair looks like it could fall, but with the way it has been trading lately – one has to be very careful and quick to take profits.

Originally posted here

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