Tuesday April 18, 2017 - 09:43:58 GMT
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Forex trading has come back to life with a bang on speculation that UK PM May will be calling for a snap election to strenghten her negotiating hand into Brexit. Uncertainty is a weight on the GBP and has helped the EUR via the EURGBP cross.
The EURUSD HOD has been 1.0660, while the LOD is 1.0636. Major local resistance is at 1.0670. Next resistance is at 1.0678. then 1.0689. Expect stops in top. Support comes in at 1.0652, then 1.0645.
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