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EUR/USD appears to reaffirm downtrend
It may well be that EUR/USD’s downtrend from the April highs has reasserted itself.
The pair faltered last week at $1.17, so further declines below $1.15 will support the bearish thesis. This would open the way to support at $1.13. A close above $1.16 would signal that the buyers have regained control for the time being.
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