Aforementioned buy orders in EUR/USD at 1.3950/60 have managed to soak up the early selling pressure and we’re presently back up at 1.3970 from a 1.3953 session low. Technical resistance now lies up at 1.3995/00. Elsewhere cable has seen a nice bounce from aforemnetioned support at 1.6270, presently back up at 1.6300.
EUR/USD, GBP/USD steady
Source: www.forexlive.com
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