EUR/USD - 1.3582.. The single ccy extended its y'day's selloff fm 1.3789 on renewed euro bashing at Asian opening by hedge funds & ST specs, price fell to 1.3557 but talk of initial buying interest near 1.3550 ahead of option-defence bids abv 1.3500 checked intra-day weakness. Expect 1.3610-20 to cap present profit-taking recovery b4 decline resumes to re-test last week's 9-mth low of 1.3532. Euro bears can be more aggressive today as the short-squeezed counter-offensive by euro bulls ended y'day.
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