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1.15 Becoming Key Despite.........>

EURO-DOLLAR TECHS: 1.15 Becoming Key
Despite breaking above, the rate failed to hold 1.15, with EUR/USD failing to
cement gains above there on several occasions. While a recovery above 1.15 is
still on the cards, bears eye a break below Monday's low of 1.1459 to extend the
recent sell-off. For bulls, a break above 1.15 would initially target 1.1550 and
shift focus towards the Oct 3 high.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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