EUR/USD continued its fall over the past week, after trying to rally. The highs keep getting lower, and it appears that the world is getting impatient about the debt crisis. Until the EU gets its act together, this pair will continue to be a “sell only” pair. We sell rallies, and if the 1.3350 area gives way to the downside – we become even more aggressive sellers. If that area falls by the wayside, the 1.30 level should be seen soon.
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