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Test the 1.2169-61 area
Traders initially have leaned against the level. The pair is currently, as I type, taking a peek above the level. Traders who have sold against the level are locked and loaded in case there is increased momentum (will buy). More momentum above and traders will look toward the 1.2178 area which is the 50% retracement of the move
Search Web: EURUSD rises back up to the old floor area after weaker jobs report
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