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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

​​​EUR/USD, GBP/USD and AUD/USD rallies stall ahead of FOMC minutes​​​

​​​EUR/USD, GBP/USD stall around 2024 peaks while AUD/USD rally slows ahead of July FOMC minutes release.​​

AUD Source: Adobe images

​​​EUR/USD probes December peak

EUR/USD has practically reached its December peak at $1.1139, around which it is expected to at least short-term pause.

​Potential slips should find support around last week's high at $1.1047.

EUR/USD chart Source: TradingView.com
EUR/USD chart Source: TradingView.com

​GBP/USD stalls around July peak

GBP/USD has reached its July peak at $1.3045 before short-term consolidating.

​Minor support is seen around Tuesday's $1.2873 high.

GBP/USD chart Source: TradingView.com
GBP/USD chart Source: TradingView.com

​AUD/USD rally is ongoing

AUD/USD's sharp rally off its $0.6349 low is approaching its July peak at $0.6798.

Minor support is now seen between the May peak at $0.6714 and the 12 June high at $0.6704.

AUD/USD chart Source: TradingView.com
AUD/USD chart Source: TradingView.com

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