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Recovery off the dip to $1.1768.........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Recovery off the dip to $1.1768 extends to $1.1818, currently
trading around $1.1815. Rate seen with a firm tone, the earlier high of $1.1822
moving within touching distance. Tech resistance is noted at $1.1823, 61.8%
$1.1880-1.1730, a break here to expose freshly reported model sell interest at
$1.1840/45($1.1845 76.4%). These model interests often prove magnetic, though no
guarantee.
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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