Technical Analysis Daily: EUR/USD

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03-05-2010, 06:28 AM

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Technical Analysis Daily: EUR/USD

Euro/Dollar started decreasing on Thursday ahead of the US Nonfarm payrolls and the Unemployment report due today at 13:30 GMT. The currency couple dropped from 1.3711 up to 1.3556, closing the day at 1.3582. Our expectation are for the descending trend to continue as labor situation in USA is improving....

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