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Yesterdays price action may have been setting the market up for a further rally against the dollar. The EUR/USD found support at the 20 day MA after Mondays breakout session. We are looking for the dollar to lose ground in the next 24 hours, and with very little economic data to stand in the way, the chances are better for the trend to continue. We are still wary of more dollar losses in the next couple of weeks, so we are keeping a close eye on anything that may point to a reversal and more dollar gains.