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In the previous forecast we noted bullish momentum for both currency pairs but however major resistance regions were just ahead. Risk aversion was reducing then due to developments regarding Greek debts and improving statistics.
[I]AUD/USD EUR/USD charts[/I]
Looking at both the AUD/USD and EUR/USD daily charts above we do note that the bullish momentum did not go far. The Aussie performance was weak and the currency pair went down to a previous support region. We may be seeing some volatility here.
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