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EUR/USD extends rally

By   || July 9, 2009 at 08:08 GMT
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EUR/USD managed to chew through the sell orders at 1.3940/50, triggering small stops just above 50 and hitting a session high 1.3964 before settling back. We’re presently at 1.3950.

As mentioned earlier sources are now mentioning sell orders up at 1.3975. 

Risk sentiment improving slightly.

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