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Range Trading EURUSD based........>

EURUSD based ahead of trendline support yesterday, but has so far failed to
build above 1.14. Topside focus remains on the 76.4% retracement of the Jan
downtrend & 100-dma at 1.1453/79. Above here brings the 1.1500 level into view
which is starting to grow in importance having previously registered a series of
highs. Bears need to clear the 1.13 level, before targeting the Nov 28 low at
1.1267, ahead of the Nov 13 low at 1.1217.

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