EUR/USD Technical Analysis for April 19, 2011

The EUR/USD fell hard today, and even went so far as to break below the recent trend line. Because of this, it will be rough sailing for the bulls until some stability is found. It should be noted that the end of the day saw buying, which could show that this pair will ultimately rise again. However, it will be difficult to buy until we break decisively over the 1.45 mark.


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