After weaker than expected spending data from the U.S., the dollar sold off across the board. The moves were made on lower than usual liquidity but we won't need to wait too long to see if there will be any follow through.

0.75 level in Aussie held overnight and most of the day's gains were recorded in the European session. Rally after the aforementioned data was quickly sold into. The pair will need to break and hold above 0.7575 - 0.80 to make bulls happy.

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