Euro spent the day range-bound between ~1.0725 and ~1.0775. FOMC meeting minutes, released at 19:00 GMT, were not as hawkish as expected with several members expressing concerns over low inflation and risks to its outlook.

The pair put up a 50 pip rally in response, breaking out of the aforementioned range. 1.08 is the first stronger resistance level while 1.0750 - 1.0775 shall now act as a support.

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