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Alt 14-06-2004, 12:29   #626
Switch
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June 14: EUR/GBP is currently probing for touted stops above 0.6630, as it attempts to extend intra-day gains from 0.6586 (Asian session low).
Labour"s dismal showing in last Thursday"s European and local elections, plus a "feel-bad" factor across England following last night"s soccer defeat to France, is helping underpin.
Resistance is pegged at 0.6645, with some profit-taking on longs likely ahead of/around the level. 0.6645 is a 61.8% Fibo retracement point of the fall from last week"s high of 0.6710 (June 7) to Friday"s 16-month low of 0.6545. Support now runs at 0.6630, with 0.6615/20, and 0.6600 (Asian session high), below.

Quelle: refco
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