
EUR/USD’s extended decline last week suggests that rebound from 1.1323 has completed at 1.1710. However, the pair struggled to sustain below 61.8% retracement of 1.1323 to 1.1710 at 1.1471 and turned sideway. Initial bias is turned neutral this week for some consolidations. Near term risk will stay on the downside as long as 1.1565 support […]
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