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November 16, 2011

Technical Summary for Majors

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EUR/USD Today's extension of downtrend from 1.3810, 14 Nov high, hit fresh one month low at 1.3428, just ahead of next target at 1.3400, figure support / Fib 76.4%. Corrective action was so far capped at our initial resistance at 1.3555, as the pair returns to the levels under 1.3500. Near-term n... FF News: Technical

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