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Free AccessRecovery efforts have so far remained...>
EURO-DOLLAR: Recovery efforts have so far remained shallow and keeps pressure
toward the downside. EURUSD eases to $1.1312 (200-wma) and seen approaching up
trendline support off the Nov 12 low at $1.1307, below here opens the key 1.1300
level. A break is likely to accelerate the move with one tech trader suggesting
it could open the potential for a deeper correction to $1.1160.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.