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Extending gains

USD
  • USD is still edging higher, printing new intraday high versus ILS, SGD, IDR, THB, TWD, CAD, GBP, EUR, SEK and AUD.
  • Most of the action was in the Yen yesterday, after the USDJPY traded at highest levels since 1998.
  • Next upside level to watch will be 136.88 High Oct 30 1998.

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