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November 15, 2011

EUR/USD Finds Support Above 1.35 but Further Downside Scoped

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The EUR/USD slipeed lower, below 1.36 during the 11/15 European session, but found support at 1.3511 heading into the US session. With better retail sales, risk-on became the theme in early US session trading, and the USD and JPY gains were pared. The EUR/USD is rallying, but far from turning things... FF News: Technical

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