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EUR/USD maintains downtrend
The selling around $1.24 continues last week for EUR/USD, for the second week in a row.
We have seen the downtrend maintain itself, and while the price is oversold on a four-hour chart any rebound that fails to breach $1.24 remains a likely selling opportunity. The price broke $1.2275 this morning, a key support from 9 March, and if this remains broken then $1.2165 comes into play.
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