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Wednesday, 19 September 2012

eurusd back to the region where the Large Uk clearer was selling today morning which might provide some resistance. It earlier got a boost from russian and sovereign buyers reported earlier. Resistance is at 1.3080 with offers coming in at 1.3100 area.
 commerzebank order book bearish all the way to 1.2880 with sellers exceeding buyers. its not a trade recommendation but just know its out there.. important area of resistance is 1.3080, pivot at 1.3100 and support at 1.2980/90

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