EUR/USD’s rebound from 1.1540 extended higher last week but upside is capped well below 1.1778 resistance. Initial bias remains neutral this week and further fall is expected. Break of 1.1540 will resume the decline from 1.1917 and target 1.1390 support, or even further to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, […]
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Published by:
Daniel Carter