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EUR/USD continues to benefit from the...>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD continues to benefit from the modestly weaker USD
post-weekly jobless data and the ongoing will-they-won't-they volatility of the
UK's Brexit discussions. It took less than an hour for Ireland to reject the
UK's backstop Irish border proposals, commenting that it is "clear that a great
deal of work remains on backstop". As a result, the pair sits just below the
day's highs of $1.1840, with resistance expected on an approach into the 2%
volatility band of $1.1925. Ahead of that, the 76.4% Fib level for the
$1.1996-1.1510 move kicks in at $1.1881.

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