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Euro Technical Outlook

Tuesday, 11 November 2008 13:38:52 GMT

Written by Jamie Saettele, Senior Currency Strategist

With price staying below the underside of the triangle support line, it is possible that the triangle is complete at 1.2932.  

If so, then the EURUSD will likely break to a new low (below 1.2326) by the end of November.      

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