- EUR/USD
Current level - 1.1138
Yesterday's break through 1.1200 led to an impulsive slide to 1.1085 and current rebound is corrective, preceding another attempt towards 1.1012. Initial resistance lies at 1.1160, followed by 1.1205. Crucial on the upside is 1.1330 high.
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Editors’ Picks
EUR/USD flirts with daily tops near 1.0730
The continuation of the selling pressure in the Greenback now lends further oxygen to the risk complex, encouraging EUR/USD to revisit the area of daily highs near 1.0730.
USD/JPY looks stable around 156.50 as suspicious intervention lingers
USD/JPY remains well on the defensive in the mid-156.00s albeit off daily lows, as market participants continue to digest the still-unconfirmed FX intervention by the Japanese MoF earlier in the Asian session.
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