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EUR/USD reclaims post US CPI highs
The price action in the EUR/USD was a little frantic over the US CPI release, as one might expect. The immediate spike to a high just above 1.1035 was then followed by a drop back towards 1.10. However, it has now risen to a new session high, as it approaches 1.1040. The topside remains in focus for the time being and it looks like it might extend bit more form here but we shall see. The EUR/USD is currently trading at 1.1040
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