EUR/USD is still bounded in range above 1.1111 and intraday bias stays neutral. Further decline is expected as long as 1.1269 resistance holds. Firm break of 1.1111 will extend larger fall from 1.2081 to 1.0904 fibonacci level. However, firm break of 1.1269 will indicate short term bottoming, and bring stronger rebound to 55 D EMA […]
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