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Break of $1.1844/46 area takes rate.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Break of $1.1844/46 area takes rate through the reported short term
technical target level of $1.1855 to $1.1862, with another round of buying at
writing edging it on to $1.1867. Rate holds firm at writing. Resistance now seen
at $1.1871 and $1.1881(Jan12 2015 high/Jun 2010 low, now resistance
respectively). Rate currently trades around $1.1863. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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