EUR/USD’s down trend resumed last week and hit as low as 1.0470. As a temporary low was formed, initial bias is neutral this week for some consolidations. Upside of recovery should be limited by 1.0756 support turned resistance to bring fall resumption. Break of 1.0470 will target 161.8% projection of 1.1494 to 1.0805 from 1.1184 […]
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