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Recovery efforts topped out ahead of....>

EURO-DOLLAR
EURO-DOLLAR: Recovery efforts topped out ahead of $1.1690, meeting hourly
resistance placed through to $1.1710. FX major currency pairs have witnessed a
quiet start at the European crossover with traders reporting of continued light
volumes. Bulls look for a break of $1.1700, before challenging yesterday's high
at $1.1724. Above here and expect strong resistance at $1.1750, a level that
previously held six times in July. 

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