EUR/USD
February 2nd, 2008
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After the surprisingly negative NFP report the EUR/USD was unable to overtake the life time high and a sell off followed helped by the positive surprise ind the ISM index. The volatile price action formed a bearish reversal Evening star pattern. If in the next few days the market breaks and closes below 1.4755 the short term picture will be positive for the dollar. It will be helped by the declining technical studies.
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