© Dukascopy
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Daily
maximum: 77.30
The American dollar moved higher today as strong US macroeconomic data pushed the pair higher, suggesting the world largest economy is regaining strength, breaching the daily market mean at 77.02. A breach of resistance 1 at 77.25 exposes the last resistance lines at 77.54 and 78.03 whereas the support levels at 76.76, 76.55 and 76.05 might be tested if the bearish trend commences. The daily outlook is neutral.