Forex: EUR/USD strengthens to new 5-week high; watch out descending trendline

By | December 3, 2012

FXstreet.com (Barcelona) – After the China HSBC PMI print, which stood at a solid 13-month high of 50.5, firmer risk appetite is accompanying the Euro to break into new highs vs the US Dollar.

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Forex: EUR/USD strengthens to new 5-week high; watch out descending trendline