EUR Trading Outlook (28-10-2011)

The Euro (EUR) EUR/USD broke above 1.4000 in Early Europe and didn&rsquo t look back surging higher to above 1.4200 in the US session. The large gains came as European Debt fears subsided and allowed most crosses to gain including the EUR/GBP which broke above 0.8800 in aggressive trading. EUR/JPY tested Y108 before finding resistance.

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