EUR/USD Weekly Outlook
EUR/USD’s decline from 1.1032 resumed last week and dipped to 1.0610. But subsequent recovery indicates that a temporary low was formed. Initial bias is turned neutral this week first. Risk will stay on the downside as long as 1.0803 resistance holds. Below 1.0610 will target 38.2% retracement of 0.9534 to 1.1032 at 1.0463. Strong support […]
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