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Sharp Sell-Off Exposes Key Short-Term Support


Bund Downside Play


Heading South

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EURO: The single currency was unmoved despite Germany's jobs data coming in
unanimously strong: unemployment fell faster than forecast and the unemployment
rate dropped to an all-time low.
Light resistance could be met at the overnight high of $1.2066 and the 2018 high
of $1.2081 with possible stronger resistance lying at the 2-month bull channel
top projection of $1.2130. 
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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