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EURO-DOLLAR: The pair cements the move below $1.20 and erases any support at the
Dec29 hourly low of $1.1993. Technically, next level of support is seen at the
38.2% retracement level at $1.1947 ($1.1718-$1.2089) with the Dec29 intraday low
of $1.1937 also being highlighted. Eurozone retail sales are the next risk
event, due at 1000GMT exp. at 2.4% Y/Y, 1.3% M/M.