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Old

Currencies Higher; Commodity Bloc Lags

Posted 03-12-2010 at 10:26 AM by DailyFX
Updated 03-12-2010 at 10:35 AM by DailyFX
The markets have picked up in European trade, with currencies broadly bid against the buck.

MORNING SLICES



FUNDYS

However, it is the major currencies that have jumped in front, with the normally better bid commodity bloc lagging behind. There has been no apparent direct catalyst for the moves, with most citing the price action...
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Old

Long EURUSD @ $1.3630

Posted 03-12-2010 at 08:25 AM by Z_Strategy
EURUSD cracks past $1.3700 resistance which has been in play since mid-February to take it too a test of $1.3800. Currently eased off this level but there is an opportunity for a challenge to $1.4250 and into the desired profit target zone of $1.4400-1.4500.



Due diligence as always,
Z_S
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