© Dukascopy
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Daily maximum: 104.72
Daily minimum: 103.34
The market participants' target at 103.83 has been approached as the pair commenced a recovery after the Fed made an announcement all central banks will lower the liquidity swap rates.
Daily Resistance: 104.37; 104.87; 105.83.
Daily Support: 103.40; 102.93; 101.97.
Daily Bias: Neutral.