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26 Feb 2014

Flash: EUR/USD, key level to watch still 1.3770/75 - UOB

FXStreet (Bali) - According to the Market Strategy Team at UOB, the narrow range in EUR/USD should remain for now.

Key Quotes

"The key level to watch is still 1.3770/75. A break above this level will likely trigger bouts of short covering leading to further up-move. In the meanwhile, continue to expect narrow sideway trading between 1.3700 and 1.3775."
Feb 26, 2014

GBP/JPY bulls stopped at the resistance of 170.70

GBP/JPY started the session at 170.36 and moved to the current intraday high at 170.72 on the back of general JPY weakening, though it seems that the positive dynamic has run out of steam for now.
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Feb 26, 2014

Flash: AUD/USD holds constructive tone - OCBC

According to Emmanuel Ng, FX Strategist at OCBC Bank, AUD/USD may come under renewed pressure on any further unraveling of sentiment.
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