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EUR/USD continues recovery
While caution has set in ahead of the European Central Bank (ECB) meeting, EUR/USD’s steady recovery this week continues.
Yesterday’s pullback from $1.2450 saw buyers emerge around $1.24, and a push through Wednesday’s high would clear the way to a move back to $1.25. An area of support is likely to be $1.2350, but much will depend on what the ECB president has to say.
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