EUR/USD Could Break Above 1.5800 On Record Surge In Euro-Zone PPI

 01.07.2008 22:12   actionforex.com

EUR/USD continues to trade within a wide range of 1.5350 - 1.5800, as the US dollar consolidates across the majors. However there remains potential for an upward swing above near-term resistance at 1.5800 as Euro-zone PPI is scheduled to be released. If figures exceed expectations, the EUR/USD could rally as...

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