Forex Daily Market Review July 27, 2010

By eToro – Strong Asian economic numbers, and a renewed appetite for risk, pushed the Euro close to the 1.30 resistance level.  A break of 1.30 on a closing basis should lead to 1.3250.

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Disclaimer: Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don’t trade with money you can’t afford to lose.

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