The initial surge above $ 1.38 yielded no results, and after subsequent attempts to single European currency continued upward movement was strongly resisted, the bulls went into retreat. Within the last couple so far overcome the bids around $ 1.3760 and now rests at around $ 1.3747, trying to use the demand in the $ 1.3735/30 to stabilize. Dealers noted that the decline has attracted fresh interest in buying, and they see the possibility of re-testing session highs, but also reminiscent of freeze at around $ 1.3720, the performance of which would pave the way for the correction of $ 1.3700, $ $ 1.3680/70 and 1.3650/40.
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