EUR/USD recovered strongly after dipping to 1.0805 last week. But upside is limited by 1.1120 support turned resistance. Initial bias stays neutral first and further decline remains in favor. On the downside, firm break of 61.8% projection of 1.2265 to 1.1120 from 1.1494 at 1.0786 will pave the way to 100% projection at 1.0349 next. […]
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