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EUR-1.2693 9th May,2006 Pre-European Update Euro did not get to our level and still trading near 1.2700 levels but we remain in the same view to initiate sell at 1.2750 levels for a decline towards 1.2650 levels if this is broken we can see more decline towards 1.2550 levels. We now prefer to sell the currency pair on any move near 1.2750 levels (if seen first) for the above said target to be reached. Sell @ 1.2750 for 1.2650 min and even 1.2600 with stop above 1.2780. 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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