EUR Trading Outlook (18-02-2013)

The Euro (EUR) The Euro rallied on EUR/JPY buying and comments from ECB member Weidman that no rate cut would occur just to weaken the Euro. The large tech level at 1.3300 held and we bounced to session highs near 1.3375. The outlook is mixed with the pullback from 1.3700 to 1.3300 threatening the longer term uptrend.

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