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EURO-DOLLAR: Touched $1.1351 before stalling around down trendline resistance
off the Sep highs. Above here opens the 50% retracement of $1.1500-1.1216 at
$1.1358, a break opens option-related supply through $1.1395/05 (Expiries
E2.69bn). The Asia low provides support at $1.1308, ahead of $1.1300 which also
holds a very large E1.51bn expiry for today's NY cut. Rate eases to $1.1340,
settling into its narrow 25 pip European range.