The past week has seen the EUR/USD not able to break above a triangle that it is stuck within. The apex is coming fast and furious and breaks below the support around 1.425 could result in dramatic selling. Keep watching this Forex pair for signals to where the overall world economy is headed. Even though USD looks in the long term to end much lower than it is currently, if the S&P 500 / Dow rolls over, liquidation will give the USD a bid crushing the EURUSD pair.
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