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Meeting resistance from area of.........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Meeting resistance from area of earlier recovery highs between
$1.1710/15, as rate attempts to extend recovery away from its early Europe low
of $1.1695. Asian traders earlier mentioned that stops sub $1.1700 would be well
catered for by reported demand that is said to stretch down to $1.1680. Larger
stops noted on a break of $1.1680/75. A break and clear of the $1.1710/15 area
to expose resistance between $1.1730/40. 
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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