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EUR/GBP nears key 0.7493 support

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Good payrolls to support the dollar, but…. On Thursday, the China‐driven market crisis continued unabatedly. Contrary to previously, this resulted in a ‘normal’ risk‐off trade in the major FX cross rates. The carry funding currencies advanced, with the euro this time taking the lead. The gains of the yen against the dollar were less pronounced. A late session down‐leg on the US equity markets put additional pressure on the dollar. USD/JPY closed the session at 117.67 (from 118.47 on

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