Risk appetite returns but early gains being capped via ForexLive

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Blink and you miss it so far but currently we're seeing some profit taking across a range of pairs as early USD selling triggered some decent action EURUSD ran into offers at 1.1350 after running stops up to 1.1347 and is now back to 1.1325, GBPUSD capped by 1.5385 offers and EURGBP demand,while AUDUSD had a quick look above 0.7300 before retreating

posted via ForexLive

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