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Starting the session in the green across the majors

USD
  • The Dollar was trading and is still in the red across the majors, despite Yields drifting lower this week, although Risk On has played a part, with Emini trading at its contract high Yesterday, and Cash SPX trading at its all time record high of late.
  • AUD was and is still the worst performer going into the European session, after the Australian inflation came below consensus overnight, although just 10 pips off its printed low for AUDUSD now.
  • Next immediate support comes at 0.6526/25 Low Dec 7 and key support / Low Jan 17.
  • The most traded EURUSD pair still trades within this week's range and in a 33 pips range so far today.
  • Initial support is unchanged at 1.0793.
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