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Forex Video Technical Update 11.10.2010 – Euro Strength Challenged



The Euro has been unstoppable in the recent weeks, but its strength is being tested in the start of this week’s trading. The EUR/USD for example was testing an important resistance. The EUR/YEN appears to be topping off. We also see resistance action in the EUR/GBP, EUR/AUD, and EUR/CAD. Let’s take a look at some charts and see what clues are needed for Euro-weakness.