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April 11, 2012

EURUSD: Broadly Biased To The Downside

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While EUR may be attempting to stage a recovery, as long as it trades and holds below the 1.3387 level, our bias remains to the downside. The broader risk remains for the pair to weaken towards the 1.3003 level, its Mar 15'2012 low. On a cut through here, the 1.2975 level will be aimed at followed... FF News: Technical

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