| EUR/USD - Continued Steep Bearish Bias Posted: 30 Nov 2010 08:33 AM PST  Price action on EUR/USD (a 4-hour chart of which is shown) as of Tuesday (11/30/2010) has just dipped tentatively under 1.3000, establishing a new 11-week low. Price action has continued its methodical bearishness of the past month (November), regularly breaking down below key support levels, pulling back (rallying) and retesting those previous support levels as resistance, and then continuing on its bearish way. For more technical analysis on this currency pair, please click here for Tuesday’s (11/30/2010) Chart of the Day.
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