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EUR/USD retracement looks to give way to further selling
EUR/USD managed to rebound back towards the $1.1526 resistance level yesterday, with the pair looking likely to turn back towards the downside following a 61.8% retracement.
The recent downtrend and break below $1.1526 points towards further downside to come, with a bearish view in place unless we see a rally above $1.1594.
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