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Short squeeze through $1.2360...........>

EURO-DOLLAR
EURO-DOLLAR: Short squeeze through $1.2360 extended to $1.2388 before fading.
The euro has now pared all earlier losses and sits near the peak of its daily
range. Hourly resistance is noted through $1.2395/05, opening $1.2442/50 (Jan29
high/Hourly high Jan26). 

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