EUR opens lower on Greek election result

EUR/USD is trading at 1.1160 in early trade, USD/JPY is at 117.60, cable is at 1.4990 and AUD/USD is .7890.

The anti-austerity, left-leaning Syriza party will win the Greek election but may fall just short of the absolute majority needed.

Next technical support of note in the EUR/USD is at 1.1050.

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