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Old 03-04-2010, 12:55 PM
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Default FX Thoughts for the Day

Cable has risen during the day and is now trading above the resistance at 1.51. If it continues to trade above 1.51, we might see further rise towards 1.5180-1.5200 in the US session today. The broader picture continue to remain bearish and we might expect a pull back from this...
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