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forex eur usd analysis

The eur / usd currently trades at 1.3188, we recall that last week was broken support triggering a downward trend. Today it seems that the trend continues downward, the next point could be the psychological threshold to 1.30. Among the high-impact news today we have a speech of the President of the European Central Bank. Expectations are always down with the intention of  further cut interest rates for put dowm the effects of the crisis. Obama thi night spokeabout a plan for the automotive industry who is at risk failure if nothing is done quickly.

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