The Euro (EUR) the EUR/USD led the majors lower yesterday as weak longs bailed after the single currency broke through 1.3000. Support was found eventually at 1.2940 and we rebounded slightly with the US Stocks. Bulls will be hoping to close the week above 1.3000 as this will set up the pair for more gains next week. EUR/JPY has been under pressure but is holding above Y101 for now.
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