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Stretched down to $1.1751 with..........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Stretched down to $1.1751 with reported demand in the $1.1755/50
area able to cushion the earlier risk appetite/Germany GDP miss react move. Rate
currently trades around $1.1761. Support seen now between $1.1751/49(Intraday
low/Aug11 low & 61.8% $1.1689-$1.1847) a break to open a deeper move toward
$1.1725/15. Resistance $1.1770, $1.1793-96. 
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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