EUR Trading Outlook (13-02-2013)

The Euro (EUR) the EUR/USD soared chasing the EUR/JPY higher and supported by the uptrend in the EUR/CHF. The major broke above 1.3410 and quickly moved to 1.3475 before fading back with some easing in the EUR/JPY. The EUR/JPY continued to be the most volatile in the market moving in a 200 pips but in a wild fashion up down up and finally down again reacting to comments out of the G7 and G20.

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