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Thursday, November 16, 2006

FX Update : US CPI in 10 Minutes

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US CPI coming out in 10 minutes.
A reading below the 0.2% expected should lead EUR/USD to a test break of 1.2835 and possibly 1.2855.
A reading above the 0.2% should lead to a test of 1.2765 support with a break giving scope for a test of 1.2700-20 levels

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