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By swibowo | January 14, 2013 9:21 AM GMT

Fx Instructor

EURUSD Forecast

The EURUSD had a bullish momentum last week after bounced from the lower line of the bullish channel and hit 1.3403 earlier today. The bias remains bullish in nearest term testing 1.3485. Immediate support is seen around 1.3320/00. A clear break below that area could lead price to neutral zone in nearest term testing 1.3250 but any downside pullback now is normal and overall I still prefer a bullish scenario.

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