EUR/USD Outlook – September 12-16

The euro finally broke out of range, and took a big dive of 550 pips for the week. Will this continue or will we see some consolidation? It depends a lot on Greece, as well as on Trichet, which will have more opportunities to rock the euro.

Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD, now on lower ground and below long term support.

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