EUR/USD’s rally from 1.0176 resumed last week and spiked higher to 1.1145. But a temporary top was formed there with subsequent retreat. Initial bias remains neutral this week for consolidations. Downside of retreat should be contained by 38.2% retracement of 1.0176 to 1.1145 at 1.0775 to bring rebound. Above 1.1145 will target 1.1213/74 key resistance […]
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