In U.S. trading, EUR/USD was down 0.38% at 1.3541, up from a session low of 1.3534 and off a high of 1.3602. The pair was likely to find support at 1.3503, Thursday's low, and resistance at 1.3677, Friday's high. Rising Treasury yields, four months of solid monthly jobs reports and other upbeat economic indicators in the U.S.sent investors chasing the dollar on Tuesday.
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INTRADAY OUTLOOK
Support: 1.6720
Resistance: 1.6780
RECOMMENDATION:
1. Buy GBP/USD Above 1.6780- TG: 1.6810/ 1.6830 SL 1.6750
2. Sell GBP/USD Below 1.6720- TG: 1.6680/ 1.6660 SL 1.6750
INTRADAY OUTLOOK
Immediate Support: 1.3530
Immediate Resistance: 1.3620
RECOMMENDATION:
1. Buy EUR/USD Above 1.3620- TG: 1.3650/1.3680 SL 1.3570
2. Sell EUR/USD Below 1.3570- TG: 1.3530/1.3500 SL 1.3620
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