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Rate trading at the best levels of......>

EURO-DOLLAR
EURO-DOLLAR: Rate trading at the best levels of the day just ahead of the weekly
US jobless claims data, with the single currency the best performing currency in
G10 so far Thursday.
- Any move higher following the US data release could open key resistance at the
May 1 high at $1.1018 initially and a rally through here would open longer-term
upside targets at the late March levels of $1.1163.
- To the downside, $1.0902 marks first support, but markets should remain
comfortably above the bear trigger down at $1.0727 (Apr24 low).

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