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EUR/USD Technical Analysis for Dec. 19, 2012

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Published on Dec 18, 2012

For the full analysis click here- http://www.dailyforex.com/forex-techn...

The EUR/USD pair had a strong showing on Tuesday as the 1.3150 level now looks to act as support. Although I have been bearish of the Euro recently, and therefore not involved in this pair, I still believe that there could be a serious problem facing Europe soon. However, it is obvious that the market is focusing on the Federal Reserve and its actions, as well as the so-called "fiscal cliff" discussions going on in Washington DC.

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