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EUR/USD: Bulls place stops below 1.30

Date: Thursday 27 Jun 2013

EUR/USD: Bulls place stops below 1.30

The EUR/USD moved below 1.30 on Wednesday but managed to close above it.

Technical analysts at Digital Look explain that the 61.8% Fibonacci is holding as a support level.

"Long positions should have a stop-loss order below 1.30. If triggered, long positions should be closed...

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