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EUR and Bund

CROSS ASSET

Some small correlation in Bund and EURUSD, with the contract now back towards the session high, while EURUSD trades at the lower part of the range.

  • Move in FX is also helped by some small reversal in USD.
  • EURUSD test yesterday's low at 1.1852, but MNI tech support is seen further out to 1.1808.
  • Bund resistance moves down to 173.19 High Jul 2

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