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EURUSD | Will The EURO Rise Again After This Deep Decline?

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OANDA:EURUSD   Euro / USA-dollar
EURUSD | Will The EURO Rise Again After This Deep Decline?

Recently, we have seen that the current problems associated with Europe are
creating a lot of trouble in its common currency (EURO).

The Euro is suffering losses over a long period of time.

Over the past week, the price tested for the first time a price area that
was last seen 6 to 7 years ago.

Maybe this support area could push the price higher again.
Most likely the bulls believe the decline is over for the EURO and it should rise again.

Thanks and good luck!

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