FXstreet.com (Barcelona) – The US Dollar stands firm on the aftermath of the bailout refusal, according to the Swiss e Trade Strategy Team, and it has bounced on support against the Japanese Yen: “Having tested a support low at 103.60, the dollar gained strength against the yen in Asian and early European trading hours and is currently priced at 105.05.”
Next resistance levels, according to the Swiss e Trade Strategy Team, stand as follows: “The resistance level at 105.80 could be tested in today’s remaining trading hours, while a setback to support at 104.70 is likely first.”
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