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Coming under pressure

EUR
  • Despite the higher yields, EUR remains under pressure, now at session low against the USD, GBP, CAD, JPY, CNH, AUD.
QUICK TECH:
  • EURGBP immediate support is right here at 0.8335 Low Jan 5.
  • Below the latter, opens to 0.8300 1.0% 10-dma envelope.
  • This will be followed by 0.8282/77 Low Feb’20 / Dec’19 and key bear trigger

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