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EUR/USD could see small rebound
EUR/USD has finally managed to slow the decline, fighting to hold the $1.18 level.
We need to see a move back above $1.19 to further suggest that a small rebound is in play, bringing $1.1915, the 200-day simple moving average (SMA) at $1.2020 and then $1.2092 into view. Below $1.18, the $1.17 low comes into view.
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