Euro opened the week with a 10 pip gap higher and then added another 20 pips before pulling back and going sideways. It has been holding above last week's high for the most of the day - break below it at the London open was quickly rejected.

Immediate resistance 1.1475 - 1.15 is followed by 1.1530 - 1.1550 and then 1.16 - 1.1650, should we get a proper breakout. 1.1445 - 1.1460 is the first stronger support.

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