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EUR/USD bears maintain their grip
Yesterday's EUR/USD rally to $1.20 was rapidly countered by heavy selling, which suggests further downward pressure will materialise.
Earlier in the week, $1.1915 acted as support, so a push through here opens the way to $1.1850 and then $1.1725. However, before this is reached the rising trendline from the November lows comes into play.
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