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The US dollar had a mixed performance as traders were out on a Fourth of July holiday.
USDJPY has been trending higher recently, moving inside an ascending channel on its 1-hour time frame.
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The US dollar staged a strong rebound against its peers when the ISM manufacturing PMI beat expectations.
EURUSD recently surged past the resistance at the 1.1250-1.1300 psychological levels then climbed close to the 1.1450 minor psychological resistance.
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The US dollar managed to chalk up some gains last Friday on profit-taking and strong US data.
USDJPY looks ready for more gains as the pair has formed a double bottom on its daily time frame.
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The US dollar was mostly weaker against its peers even though the final GDP reading enjoyed an upgrade from 1.2% to 1.4% instead of staying unchanged as expected.
The ascending channel on Cable's daily time frame is still intact and price is heading towards the resistance around 1.3400.
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The dollar gave up more ground to its counterparts as pending home sales turned out weaker than expected.
EURGBP continues to trend higher after breaking past a major range resistance visible on its longer-term charts.