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Friday, June 17, 2011

17 Jun 2011

Pivot: 1535.00

Most Likely Scenario: SHORT positions below 1535 with 1520 & 1514 as next targets.Alternative scenario: The upside penetration of 1535 will call for 1545 & 1550.Comment: the upward potential is likely to be limited by the resistance area around 1532 (50% retracement level).



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