EUR Trading Outlook (14-10-2010)

The Euro (EUR) once more was rejected at the magical 1.4000 level on Wednesday, in a range trading session following a quite data day for the Eurozone. The Euro played second fiddle to Soaring Gold price, and AUD at 28 year highs (Post Float). Overall the EURUSD traded with a low of 1.3913 and a high of 1.4001 before closing the day at 1.3962.

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