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EUR-1.2638 9th Jun,2006 Pre-European Update No change in view, We forecasted a decline in Euro during the US session and we did not get a chance to initiate a sell at 1.2790 levels and the market declined towards our target. For now the pair is well supported above 1.2630 and if this level is cleared then we can see euro decline further towards 1.2600 and 1.2570 levels, we would prefer to initiate buy on dips near 1.2600 for a move higher towards 1.2700 levels. Buy @ 1.2600 for 1.2680 min with stop below 1.2570. By N. Rajesh Kumar, Forex Leads, Email: rajesh@forexleads.com , # 3 G-1 Ambal Flats, Sathyavathi Nagar, Padi Chennai 600050, Phone: + 91 44 26549159  Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only. |
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