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The single currency opened in Asia at...>

EURO-DOLLAR
EURO-DOLLAR: The single currency opened in Asia at $1.1954 toward the upper side
of the $1.1915 to $1.1969 range witnessed yesterday, where dollar strength on
rising UST yields was somewhat negated by Euro-yen demand. There is no data or
scheduled events in Asia likely to influence direction, range-trading is
expected ahead of the European open and the release of German/EU ZEW data.
Support is found at $1.1913 (50% fib $1.1838 to $1.1987 rise), while hourly
resistance is noted at $1.1969.

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