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EUR/USD showing signs of bottoming out
EUR/USD is regaining ground this morning, with the pair showing signs of a bullish reversal after recent losses. The $1.1804 -$1.1810 resistance zone is going to be important as a hurdle which, if overcome, could pave the way for a period of upside.
As such, look out for an hourly close above $1.1810, which if achieved would provide a bullish outlook. Should that occur, a break below $1.1772 would be required to negate that bullish view.
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