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Renewed strength for greenback

Posted on July 07, 2008

Stocks open higher after the holiday, while Oil futures dropped more than 4,60 US$ a barrel in a few minutes, giving dollar more bullish impulse. However majors are confronting important support and resistances zones, that need to be broken to continue in that direction after all the rallies seen till know, I believe under 1.5607 euro could gain down side momentum at least to the zone around 1.5575. ...

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euro , futures , oil futures