Wednesday, November 26, 2008
The euro and British pound surged higher on Tuesday, breaking above key resistance points.More
specifically, EUR/USD managed to push above 1.30, a level that has
prevented previous recovery attempts in recent weeks. Meanwhile,
GBP/USD rallied above the 38.2% fib of 1.6671-1.4557 at 1.5361, which
also provided support in the past on October 24, October 27, and
November 11. The gains in the euro... [read more]
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