FXstreet.com (Jakarta) - The Euro (EUR) surged after finding support in the low 1.3100s before the rallying over 200 pips as the USD weakened across the board. The Sharp reversal throws up the Technical direction of the market with selling on rallies now more dangerous than previously with the Key 1.31 level holding firm over the last month.

Easy Forex Team said: Overall the EUR/USD traded with a low of 1.3128 and a high of 1.3391 before closing at 1.3380.

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