EUR/USD Daily Outlook

EUR/USD failed to break out 1.1879 resistance and retreated. Intraday bias is turned neutral again. On the upside, break of 1.1879 will revive the case that corrective fall from 1.2091 has completed at 1.1669, ahead of 1.1661 support. EUR/USD should target a test on 1.2091 high then. Meanwhile, break of 1.1729 will bring retest of 1.1669 instead.

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Posted in Forex Market.

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