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ICBC Global Market: FX Market Update - November 30, 2018
On Thursday (November 29), investors continued to digest the previous views of Powell, Chairman of the Federal Reserve, and USD index continued to go down after a slight upswing. USD index closed at 96.778 after a decline of 0.01%. EUR against USD closed at 1.1391 after a rise of 0.22%. USD against JPY closed at 113.47 after a drop of 0.18%. The resistance and support levels of EUR against USD are expected to be 1.1541 and 1.1241 respectively. The resistance and support levels of USD against JPY are expected to be 114.97 and 111.97 respectively.