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Old 03-01-2010, 08:53 PM
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Default EUR/USD Mid-Day Outlook

Intraday bias in EUR/USD remains neutral as it's bounded in range of 1.3443/3691. Another recovery cannot be ruled out but upside is expected to be limited by 1.3838/52 resistance zone and bring fall resumption. Break of 1.3443 should target 161.8% projection of 1.5143 to 1.4217 from 1.4578 at 1.3076 next.
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