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Euro | WorldWideMarkets

Posted by Joseph Trevisani on Feb 11, 2013 12:57:00 PM

Trading around 1.3415 area now after turning higher at 1.3405, flows are light, having touched 1.3356 in Europe. The pair left residual offers in front of 1.3430 after stalling at 1.3428 following the sharp ascent from 1.3378 to 1.3426.   The base of the 50 point move up, 1.3380, may offer some support but the morning low at 1.3356 is likely a stronger level.  Stops remain in place below the bids at 1.3350

MNI & WWM

Chart: MNI Flash Trader

ScreenHunter 541 Feb. 11 13.11 resized 600

 

 

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