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Lira rises strongly as geopolitical situation prompts traders into high-yielding and cheap assets - Windsor Blog
The pair extends steep fall from new multi-month high at 5.9875 into second straight day (down 1% on Wednesday and 0.6% so far today) and cracked important support at 5.8719 (Fibo 38.2% of 5.6848/5.9875). Massive Wednesday’s bearish daily candle (the biggest one-day fall since 23 Oct) weighs heavily, with further bearish signal expected on close …