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Weaker than expected Germany IP data,...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Weaker than expected Germany IP data, following Monday's stronger
German Factory Orders, acts to press back on Eur/Usd though momentum seen very
slow. Rate eases back below $1.1600, from around pre release level of $1.1602 to
currently trade around $1.1598. Rate posted an early Europe low of $1.1596.
Support noted between $1.1580/75(Nov6 low/Oct27 low) with stops suggested on a
break below. Break here to expose reported barrier interest at $1.1550, with
technical support tucked in close behind at $1.1545/40. Resistance seen at
$1.1615/20. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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