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Highlights
of today’s FX Daily Outlook as follow:-
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· Expect US dollar to
be well supported
· Stay bearish on
EUR/USD with a possibility for a revisit of the post BREXIT low of 1.0911
· 100-day moving
average of 108.21 to serve as the immediate resistance for USD/JPY
· Maintain MYR a depreciation
bias within a trading range of 3.934-4.055 against US dollar
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Friday, July 22, 2016
· Expect US dollar to be well supported
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