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August 16, 2012

EUR/GBP - Short-term structure favours an extension lower

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EUR / USD Breaks minor channel support. Stop moved to 1.2450. EUR/USD has managed to break under the support of a minor rising channel in the daily time frame. We have thus decided to move our stop to rest just above 1.2444. Focusing on the USD Index, we continue to expect that the key low ... FF News: Technical

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