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Better selling on the margin

USD

Round of USD selling as we start the European session.

  • USD was already under performing against G10s overnight, but seeing some small continuation in early trade.
  • USD is breaking out of the tight ranges to fades yesterday's price action, so within ranges nonetheless..
  • USD is now at the low against EUR, GBP, AUD, CAD, and JPY.
  • Small resistance in EURUSD moves down to 1.2202, ahead of double top at 1.2245 (April and May's high)

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