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Having earlier taken out the $1.20......>

EURO-DOLLAR
EURO-DOLLAR: Having earlier taken out the $1.20 barrier, EURUSD touched extended
pullback lows of $1.1982. The USD has since pared light gains with recovery
efforts extending to the $1.2008/13 area. The 200-dma ($1.2014) will be key on a
closing basis today. Further downside support is seen at $1.1961/56 (Nov27
high/1.618% swing $1.2155-1.2477).

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