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May 11th, 2008 - Last week the Euro bounced back up against the US dollar after two prior weeks of decline. EUR/USD began its rebound when it touched expected support around 1.5280, and now nearest resistance lies around 1.5510, 1.5550-60. Bearish momentum may ensue should it fall below 1.5340. The US dollar had its first weekly drop against the [...] Read More