| EUR/USD - Continued Bearishness Off Breakdown Posted: 23 Jun 2010 08:48 AM PDT  Price action on EUR/USD, a daily chart of which is shown, continues to display some cautious bearishness as of Wednesday (6/23/2010) morning after breaking down below the uptrend support line that represents the bullish correction of the last two weeks. In the event of further bearishness off this breakdown, price could soon start making new long-term lows below the 4-year low of 1.1875 hit in early June. For more technical analysis on this currency pair, please click here for Wednesday’s (6/23/2010) Chart of the Day.
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