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EUR/USD Trading Down to September’s Rising Trendline

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Forex Technical Updates
EUR/USD 4H chart 9/24/2013 8:25AM ET eurusd_09242013 (click to enlarge) Consolidation after FOMC pop: The EUR/USD rallied sharply last week after the FOMC announcement, to 1.3567 before consolidating. While other USD-pairs like GBP/USD and AUD/USD had more pronounced retracements, EUR/USD took a few sessions and fell choppily. As…

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