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Andy Chaveriat, chief technical analyst at BNP Paribas, says the break of $1.3500/10 support hints at even lower levels. "The $1.3475 and $1.3500 are now resistance, with the euro risking a clean break of $1.3430/35 over the next day or so, targeting $1.3395 to $1.3370," he says. A move below $1.3370 would target $1.3245/50," Chaveriat says.
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