• EUR/USD break above $1.4900

Market news

4 May 2011

EUR/USD break above $1.4900

The pare posted high at $1.4913, matching Monday's high. Corrective pullbacks remain shallow and seen keeping upside in focus. Stops noted above $1.4915, a break and clear to open a move toward $1.4930/35. Option barrier noted at $1.4950.

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