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Yen to the highest since early June

Despite the miss in ADP Non-Farm Employment report (185K vs. 216K expected, 229K previous), USD/JPY didn't fell far and promptly reversed. Solid Markit Final Services PMI (55.7 vs. 55.2 expected, 55.2 previous) and much better than expected ISM Non-Manufacturing PMI (60.3 vs. 56.3 expected, 56.0 previous) then propelled it through the strong 124.50 resistance to the highest since early June.
125 level, where it stalled, is now the initial resistance. 125.40 - 125.50 band (Weekly Resistance 2, Mo…
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EURo continues higher

Following yesterday's bounce from previous (1.0450 - 1.1050) range high, Euro was bid for the most of Asian session and came into European session on its highs. Despite positive data and few attempts to the upside, it went sideways until weaker than expected ADP Non-Farm Employment Change sent it through resistance in 1.1275 - 1.1300 band.
1.1380 - 1.1410 is the next strong layer of resistance: Weekly Resistance 1 (1.1383), 1.14 level, Daily Resistance 3 (1.1407). On the downside, 1.13 level sha…
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