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EUR/USD Breaks Resistance, Caps Off Two-Week Bullishness

EUR/USD (a daily chart of which is shown) as of Friday (1/21/2011) has made a significant upside push that has tentatively broken out above key resistance in the 1.3500 price region, establishing nearly a two-month high for the pair and capping off two weeks of bullish trending price action. For more EUR/USD forex technical analysis, please click here.

James Chen, CTA, CMT