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EUR/USD: Large trailing stops triggered

EUR/USD: Large trailing stops triggered

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Sean Lee
05/06/2012 | 00:10 GMT

Those stop-loss orders which I mentioned earlier were obviously staggered a bit, with some going off above 1.2525 and more above 1.2530.

The high so far has been 1.2542 and the next technical resistance level on the hourly chart is at 1.2575.

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