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EURUSD breaks initial support

USD
  • The Pound is now the worst performer, down 0.25%, while only the AUD, NZD and the CAD are still holding in the green against the USD in G10.
  • Support in Cable comes at 1.1987 (Tuesday's low).
  • The EURUSD has breached the initial support and now trades at its lowest since the 6th Jan.
  • Next support is seen at 1.0568 (1.0% 10-dma envelope).

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