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EUR/USD: Selling coming from futures players; option protection at 1.2900

EUR/USD: Selling coming from futures players; option protection at 1.2900

Forex Orders
Sean Lee
11/05/2012 | 01:39 GMT

Dealers confirm that CME names have sold EUR aggressively in the last 15 minutes, driving it to lows near 1.2905 thus far. There is a barrier option at 1.2900 with stops directly below.

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