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Saturday, May 1, 2010

Gemma Atkinson on all fours















EUR/USD extends above 1.3300 hits session high at 1.3315
The Euro is regaining the upside on Friday's European session o take back most of the ground lost on Tuesday and Wednesday as the pair's recovery from 1.3110 has reached levels above 1.3300 to hit 1.3315 session high so far.

On the upside, resistance levels lie at 1.3325, and above here, 1.3345/50 and 1.3385, all of them intra-day resistance levels). On the downside, support levels lie at 1.3220 (session low/intra-day resistance), and below here, today's low lies at 1.3180 (Apr 29 low) and 1.3140 (intra-day support).

EUR/GBP has also appreciated on European session. Decline from 0.8735 high on Thursday bounced at 0.8625 to reach session high at 0.8665. EUR/JPY recovery from 122.35 has extended through 122.85/95 area to 125.75 session high.

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