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EUR/USD hesitates below crucial trendline resistance
EUR/USD is gradually drifting lower from trendline resistance once again this morning, as we wait for the answer to whether this long-term resistance will be broken.
Given the shallow slant to this weakness, it points towards a good possibility of breaking higher. A break through $1.1450 (bullish) or below $1.1312 (bearish) will determine our view from here.