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The earlier break of Pln4.2000..........>

EURO-POLISH
EURO-POLISH: The earlier break of Pln4.2000 triggered fresh supply from
momentum-type accounts to hold around the Pln4.1975/80 area. Second wave sales
continued to pressure, stops were taken out through Pln4.1900, rate touched
pullback lows of Pln4.1875 before dip buyers were quick to pounce. Traders
report of continued thin volumes with next support at Pln4.1800, a break here
opens a deeper move towards Pln4.1786 (Jun12 low). The pair has since recovered
back above Pln4.1900, last Pln4.1940.   

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