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EURUSD tested a new 20year low

EUR
  • Unclear as to the driver into that quick knee jerk move lower.
  • Looking at the very short duration chart, looks like a selling order hit around 1.0257 circa 09.36BST, and more at 1.0245 around 09.44BST.
  • This would be a little early for a fix trade, but can't be ruled out, given that the EURUSD pair has bounced back to 1.0245 from a 1.0227 low print.

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