Monday June 6, 2005 - 09:25:51 GMT
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EUR/USD Daily Outlook
EUR/USD - 1.2265
Update Time - 08:30GMT
Euro's intra-day rebound suggests further choppy trading above last week's low at 1.2158 is seen but resistance at 1.2345 is expected to cap upside and yield retreat later today or tomorrow.
Only below 1.2180/85 would confirm downtrend has resumed and bring re-test of said low.
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