Euro still bouyant after German industrial orders

Pushing to a high of 1.3114. We stalled the NFP rally at 1.3155/60 last week and with sell orders at 1.3150 and the 100 dma at 1.3157, there’s plenty for this rally to take on.

EUR/GBP is stalling ahead of 0.8450. The 0.8400 level has held very strong support once again. The 55 H4 ma is at 0.8445 and is holding back further gains for now.

EUR/JPY backup though 130 to 130.15 with USD/JPY moving to 99.28 as some ‘risk on’ comes into the market.

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