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Stocks and risk currencies continue recovery as China and U.S head back to trade talks; Bitcoin holds from 6165
Risk currencies continued to trade higher to the USD and JPY as trade fears abated on the news of China going back to the table with the U.S. The Lirea holding off earlier lows also gave traders further confidence.read more
So with China back at the negotiation table risk found some buyer interest to end what was mainly a weaker week for the majors to the USD and Japanese Yen. The EUR, AUD and GBP made strong moves lower most hitting new lows for 2018.read more
Looking at the current daily chart we can see a few levels popping out for traders. Resistance remains in play from 67.15 lines up with a previous low. This is is the current seller line of defence. Buyers continue to hold from 66.00 support.read more
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