• EUR/USD tests $1.4100

Market news

16 May 2011

EUR/USD tests $1.4100

Eases to $1.4100, as rate extends its corrective pullback off European morning highs of $1.4148. Bids have been reported from $1.4095, with interest extending down to $1.4055, stronger into $1.4050/40 with stops placed through $1.4030/20. Resistance remains at $1.4150/60.

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