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EUR and Equities are extending higher

CROSS ASSET
  • The EUR is still going, new intraday high against the CZK, CNH, USD, and more importantly the JPY.
  • Next main resistance in the EUR is seen further out, up to 174.77 1.382 proj of the May 3 - 15 - 16 price swing.
  • Looking at the AUDJPY which is also extending, next area of interest would be 109.543, the 1991 high.
  • USD is now also seeing selling interest, as the EUR and the European Equities push higher.

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