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Overnight, the US Dollar recovered somewhat from the recent losses. EUR/USD was rejected off 1.0670 resistance and fell back to 1.06 in Asia, while GBP/USD declined from 1.2320 in yesterday's EU session to a low of 1.2140. Concerns about a hard Brexit continue to weigh on the currency, and it the sharp reversal suggests it might test the recent low of 1.2040 again soon.
USD/JPY managed to bounce off 113.75 and rose to a high of 115.18 in Asia. Short-term techs remain bearish, and major resistance is seen at 115.50/60, followed by 116 and 116.80-117.00. Meanwhile, AUD/USD is consolidating after a strong rally this week. It failed to take out 0.7520 resistance on the first try, but remains well bid, and we could see a retest soon.