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Today's Scenario:
Market still appears to be range bound between the 29.06-28.33 range.With the Greek elections on Sunday an overnight spike was seen at 29.07 on the upside and 28.36 on the downside(18/6/12 10 pm GMT).Today great volatality could be seen with the FED deciding if they would go for another round of easing(QE3/Operation Twist).Remain cautious.Support at 27.74-27.26.Resistance at 29.36-29.76.
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Have a great trading day ahead.
Market still appears to be range bound between the 29.06-28.33 range.With the Greek elections on Sunday an overnight spike was seen at 29.07 on the upside and 28.36 on the downside(18/6/12 10 pm GMT).Today great volatality could be seen with the FED deciding if they would go for another round of easing(QE3/Operation Twist).Remain cautious.Support at 27.74-27.26.Resistance at 29.36-29.76.
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