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August 6, 2012

EUR/GBP – Resistance favoured in current region

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EUR / USD Tests the key low at 1.2408 once again. EUR/USD returned to test the 1.2408 key low made at the end of June once again on Friday, this time reaching 1.2443. Thus our assumption that the corrective phase from 1.2063 was over proved misplaced. However, early signs of supply near 1.240... FF News: Technical

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