By FXEmpire.com
The EUR/USD pair fell most of the week but got a boost on Friday in order to form a hammer. The hammer isn’t the prettiest one, but it does suggest that a bounce could be coming. The G8 meeting over the weekend at Camp David in Maryland will have to be watched in order to see a potentially important move coming. Headlines could be coming out that move this pair because of this. The 1.30 level is still massive resistance, and as a result we are selling on rallies going forward.
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Originally posted here
