EUR/USD: Bearish Tone to Prevail Below Pivotal 1.0270 Fibo Barrier

The Euro reduced speed on Thursday after post-Fed 0.83% jump and still holding below pivotal Fibo barrier at 1.0270 (38.2% of 1.0786/0.9952 descend) where bulls were trapped last week. Support from unclear signals about the size of Fed’s rate hikes in coming policy meetings that disappointed many and deflated dollar, is likely to be short-lived. […]

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