At some point on Wednesday, it looked like the dollar was bound to break down further. But a strong reversal yesterday is setting up for a continued move today, with the greenback keeping steadier across the board thus far. Of note, GBP/USD is facing a strong rejection after a brief push above the 1.3000 mark this week.The pair has also fallen past its 23.6 Fib retracement level of the swing higher this month, now eyeing the 38.2 Fib retracement level at 1.2879 next. The 100 and 200-hour moving averages at 1.2975 and 1.2924 respectively are also giving way, putting sellers in near-term control.Meanwhile, EUR/USD is also down another 0.2% to 1.0878 and testing its own 200-hour moving average
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