FX & CFD trading involves significant risk
Resistance seen into $1.6350 ahead of reported corporate sell interest placed between $1.6380/00, with topside stops noted between $1.6405/10. Support seen into $1.6280/75, stronger between $1.6260/50 with stops below. A break here to allow for a move toward the 55-DMA at $1.6225 ahead of $1.6200 and $1.6180/70.
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