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USD tests broader lows

CROSS ASSET
  • EURUSD now tests the next immediate resistance, right here at 1.0832 Bear channel top drawn from the Dec 28 high.
  • The move is more a function of the Dollar, with the Currency taking another leg lower to test session lows versus GBP, CZK, HKD, PLN, NOK, CAD, TRY, CHF, and NZD.
  • Gold gains a couple of Dollars on the back of the move.

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