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As euro’s upmove has gathered momentum after breaking recent high at 1.1025, adding credence to our bullish view that the erratic upmove from 1.0340 low is still in progress and test of previous resistance at 1.1300 is likely, however, a daily close ...
As sterling has eased after rallying to 148.10 last week, suggesting consolidation below this level would be seen and pullback to 145.50-60 cannot be ruled out, however, reckon 144.65-75 would limit downside and bring another rise later, above said ...
Although the greenback has rebounded again after holding above support at 1.3264 and further consolidation would be seen, as long as resistance at 1.3456-60 holds, prospect of another retreat remains, below 1.3375 would bring weakness to 1.3300 but ...
Although aussie retreated after marginal rise to 0.7750 and consolidation below this level would take place with initial downside bias, reckon 0.7580-85 would limit downside and bring rebound later, above said resistance at 0.7750 would extend ...