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EUR/USD edges back towards 1.15 as USD/JPY recoils
Just ahead of the European stock market opening, the dollar is making something of a rebound. That has been led by the USD/JPY rising back above 140.30 right now. That is pushing the GBP/USD lower and forcing the EUR/USD back towards the 1.15 handle. Perhaps the Euro is attempting to fill a price gap left open from the high seen last week, at 1.1473? We shall see, if that gets filled first before anything else might happen? There is no guarantee it will though. The EUR/USD is right now at 1.1509
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