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Risk appetite improved overnight on..........>

DOLLAR
DOLLAR: Risk appetite improved overnight on renewed US-China trade relations.
The dollar sits mixed at the European crossover with the DXY holding a very
narrow 97.04-11 range. Bulls need to clear the treble-top resistance area at
97.50/55 before challenging the Nov 12 ytd high at 97.69. Expect stronger
resistance behind here on approach to the 98 handle, a break opens the May 17
2017 high at 98.12. Near-term support is seen at 96.81 which represents the
61.8% retracement of 96.36-97.54, a break opens the Dec 10 low at 96.36. Gold
improved $2 on the session to comfortably hold above $1246, targeting a break of
the $1250 level. 

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