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EUR/USD’s bounce fizzles out
The price has rebounded from support around $1.13, but there seems little upside for EUR/USD in the near term.
The overnight bounce has stalled below $1.14, so a move above here would clear the way to $1.1450, and then back to the key $1.15 zone. A further decline below $1.13 would target $1.11, the June 2017 low.
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