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EUR/USD ascent slows as we head into key resistance
EUR/USD has been trying to rally through the Tuesday peak of $1.1733, with the pair pushing towards the crucial bullish breakout level of $1.1746.
So far, however, we have failed to break either of those levels, which points towards a potential period of weakness. A break below $1.1651 would signal an impending bearish phase, with a bullish short-term trend remaining in play until then.
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