Exto Capital weekly fundamental

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Exto Capital EURUSD & Silver Technical Analysis

Euro Consolidates

After a large down move at the beginning of the week, the Euro treaded water and consolidated. Strong resistance near the break down level near 1.33 and the 5-day moving average are hampering further increases in the currency pair.

Silver Break Out

Silver played catch up this week, with a very large rally breaking through resistance and creating a new 2010 weekly closing high.

Analysis provided by Exto Capital

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