Despite intra-day rise to 1.0786, as the greenback has retreated on profit-taking, suggesting consolidation below there would take place and retracement to the Kijun-Sen (now at 1.0673) cannot be ruled out, however, reckon 1.0611 (50% Fibonacci retracement of 1.0435 to 1.0786) and bring rebound later. Above said resistance would extend...

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