EUR/USD Back Up Testing Yesterday’s Close

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EUR/USD Back Up Testing Yesterday’s Close

By Greg Michalowski on June 25, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

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Market is having a tough time finding committed buyers or sellers today. The price has moved back above the 200 hour moving average and is back near the closing level from yesterday (1.3928). Not a good day to trade the EURUSD today as the range remains narrow and action is choppy. Keep an eye on the 1.3928 level.

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