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EUR/USD Reaches New 2 Year High

April 16, 2007 (Last updated on November 28, 2009) by

Today EUR/USD reached 1.3576 value — a 2 year high since the January 2005. It is currently at its 2 year resistance level. Breaking this resistance would result in EUR/USD going even farther — to 1.4000–1.4500 levels. But for now, USD is slightly gaining strength and rolling back 1.3350.

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