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Broad-based US dollar weakness..........>

EURO-DOLLAR
EURO-DOLLAR: Broad-based US dollar weakness continues to be the theme in Asia
markets, reports of stops triggered above $1.1750 has seen the single currency
vault higher to $1.1777. Resistance is now seen at $1.1795/98, the level mark a
4-month bull channel projection and 200-wma, with no close above since Jul 2014,
while hourly support is located at $1.1721. Euro has eased from the stop induced
$1.1777 high and now trades at $1.1759.

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