As we anticipated there was adequate support in the 1.06/07 level to contain the slide in this market. Some dollar affection seems to have given the USD a boost versus the Swissy carried the market a little above 1.0840. What is the path of least resistance here? We have found some pretty good support under us. Is there a chance we again trade above 1.0850 touching off stops prior to the weekend? The dollar bears may be running out of patience and give us some buying.
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