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Bonds and EUR fade initial post ECB market reaction

CROSS ASSET

Some real knee jerk reaction, post the ECB decision with Bund initially dropping, but now at best levels for the session.

  • Similar price action in the EURUSD, spiking as Bund fell, but the pair is now back at session low 1.1771
  • EURUSD support is at 1.1752 Low Jul 21. While first resistance comes at 1.1851/1881 High Jul 15 / High Jul 9

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