Added at 06:02 GMT
EURUSD
The dollar recovered versus the euro after the ranging frame seen above 1.2100 and a break through 1.2000 looks more and more possible. Interim support was found at 1.2050 and resistance starts at 1.2100 followed by 1.2140. A retracement may trigger good selling opportunities. Current exchange rate is 1.2060
Trading strategies:
Short at 1.2100, stop at 1.2125, target at 1.2030
GBPUSD
Current exchange rate is 1.8176.
Trading strategies:
Long at 1.8175, stop at 1.8155, target at 1.8235
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