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EUR Strength Pervades After London Close

EUR
  • EUR running higher after the London close, with EUR/USD inching through the overnight highs to touch 1.1930. Modest uptick in futures volumes, with some of the best activity of the day going through on the last lurch higher.
  • Markets now in close proximity to nearest resistance at the 23.6% retracement for the May - Jun downtick. Break above here narrows the gap with the 200-dma at 1.1998

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