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By John Rivera EUR/USD The Euro got off to a rocky start on the week as Spain’s rescue of a local bank reignited concerns over the region. The single currency has erased a significant amount of its recent gains. Concerns have started to fade which has helped the EUR/USD find support at 1.2350-a former congestion area. Additionally, we have seen equity markets dip into positive territory which could be a supporting factor for the pair despite a decline in their correlation to 30% from 42% a week ago. The ...
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