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EUR/USD looks weak, Eurozone CPI in focus

Date: Friday 31 Jan 2014

EUR/USD looks weak, Eurozone CPI in focus

The outlook for the EUR/USD remains negative as the pair threatens its trendline at 1.3546 and also the 55-month moving average at 1.3485.

According to Karen Jones, Technical Analyst at Commerzbank: "These are now exposed and remain the near-term break down points to 1.3374, the 200-day moving average...

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