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Paring Overnight gains

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  • Besides the 91 pips range in the USDJPY, G10 pair/crosses are still exchanging hands within contained ranges.
  • Still, after trading mostly in positive territory, the Dollar has pared some small gains during the early European Govies session, as investors look for a bigger 50bps cut from the Fed Tomorrow.
  • Although some of the FX ranges have been tight, there's still some interesting charts, now with the Swissy, as USDCHF hovers at session low.
  • The main support here is at the September low of 0.8375, which was also the lowest print since January.
  • AUDUSD is making an attempt at 0.6767, the August US NFP high, and a clear break through would open back to 0.6824, the August high, and the highest printed level since January.
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  • Besides the 91 pips range in the USDJPY, G10 pair/crosses are still exchanging hands within contained ranges.
  • Still, after trading mostly in positive territory, the Dollar has pared some small gains during the early European Govies session, as investors look for a bigger 50bps cut from the Fed Tomorrow.
  • Although some of the FX ranges have been tight, there's still some interesting charts, now with the Swissy, as USDCHF hovers at session low.
  • The main support here is at the September low of 0.8375, which was also the lowest print since January.
  • AUDUSD is making an attempt at 0.6767, the August US NFP high, and a clear break through would open back to 0.6824, the August high, and the highest printed level since January.