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Euro rejection of resistance

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FX:EURUSD   歐元 / 美元
ECB news last thursday indicating possibility of tapering brought the EUR/USD down to support levels of 1.16

A rejection of resistance level 1.1650 is likely to bring renewed downward pressure on the EUR

The independence of catalonia is an additional uncertainty for strength in the EUR

A break of 1.1560 could see the EUR extend further

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