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EURUSD edges towards 1.0800

USD
  • Couple of pips lower for the EURUSD, mainly a function of the Dollar bid, with the latter testing new intraday highs against the SEK, CZK, ZAR, AUD, NOK, NZD and CNY.
  • Some might look for the 1.0800 figure for initial support, but better will be seen at 1.0774 61.8% retracement of the Jun 26 - Jul 17 bull phase.

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