Stops are already building below 81.20 from intraday longs. Long-term model funds are heavy USD/JPY sellers this morning.
EUR/USD has eased from 1.4146 highs but EUR/CHF buying after the surprising Libyan cease-fire is cushioning dips.
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Market sees 81.25 as near-term line in the sand
Market sees 81.25 as near-term line in the sand
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