The EURUSD pair has seen a steep decline, on significant and sustained pressure, from 1.3647 to 1.3351 on the weekly basis. This 296 pip weekly range was 130% of the average over 26 weeks and culminated in a drop of 2.11% for the euro/dollar. The pair is now trading down 1.57% for February. …

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EURUSD Technical Update – WC 11th February 2013
