what is the next target of the EUR/USD/short and long term/13 december 2012/MBCFX?

The euro continued its rise against the dollar Wednesday as the interest rate remained unchanged and the U.S. Federal Reserve announced a new program for the purchase of state bonds in order to safeguard the stability of the global economy.

Today, we expect the EUR/USD reaches the 1.3120 level then to the 1.31 level to form a "Double Top" and then we expect a decline of the pair especially during the next week.

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