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Wednesday, 5 September 2012

2012.09.04 21:58:24 EUR/USD intraday: caution.

EUR/USD intraday: caution.

Update on supports and resistances.
Pivot: 1.2555

Our preference: Long positions above 1.2555 with targets @ 1.263 &
1.267 in extension.

Alternative scenario: Below 1.2555 look for further downside with
1.252 & 1.249 as targets.

Comment: the pair is challenging a key support area, caution.

Key levels
1.2695
1.267
1.263
1.25666 last
1.2555
1.252
1.249

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