May 24th, 2011 15:19:04 GMT

Little bit of a gap left to be filled

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There is a tiny gap on the very short-term charts from Sunday evening (Monday morning in Asia) between the 1.4145 and 55 levels. 1.4156 is the 50% retracement of the Friday/Monday drop…My guess is we try and rally to 1.4155-ish…

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May 24th, 2011 15:08:23 GMT

Bit of a post-fixing scramble

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EUR/USD made a fresh session high of 1.4133 at 3 minutes after the fixing, so it looks as though there was a bit of a scramble right after that passed. Offers in the 1.4125/30 area were absorbed and the weak … Continue reading

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