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Forex Flash: Bunds could dip to 141.50 – RBS

The selloff in bunds broke the risk area of 141.93, although the prices ultimately closed above the main support level. In addition, “the 76.4% retracement from the January-February impulse wave of 141.86 has been penetrated, suggesting there might be more weakness to the 141.60/48 region.” writes Dmytro Bondar, a Technical Markets Strategist at RBS.
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