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EUR/USD – Upside Breakout…Needs Confirmation

March 4, 2010 Posted by admin under Stocks & Stock Market Analysis
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The following is your daily EUR/USD outlook for March 4. The EUR/USD broke above resistance at 1.3700.  That pushed the pair up to interim resistance at 1.3740 (to 1.3750) on the way to the 1.3800 target as mentioned yesterday. The pullback to the breakout point has occurred, moving back to 1.3688  and currently trades as…