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EUR/USD sees wild swing after US data

  • US CPI miss allows for new trend high, below forecast claims sees USD rebound

  • EUR/USD runs stops above 1.1420 on data but follow through limited

  • Spread tightening aids lift to 1.1429 but USD lift sees 1.1400 revisited

  • 1.1450/70 is resistance, break there eyes big resistance at 1.1500/35

  • Above 1.1535 sees big squeeze 

  • Market Data
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