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Some selling continuation

EUR

EUR remains better offered since the European Govie open.

  • The currency test session low versus GBP, CNH, CAD, JPY, AUD, and trades in the red against all majors, albeit just flat on the day in the EURUSD cross.
  • Small initial support in EURUSD comes at 1.2080, while next upside MNI tech resistance, is seen at 1.2119 Bear channel top drawn off the Jan 6 high

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