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EUR/USD gains look unlikely to last
EUR/USD has been rallying after a small double-bottom was completed yesterday. We are turning higher from here, but it looks likely any rally will be a retracement preceding another move lower.
As such, short-term gains could set up a break higher, yet watch out for the likes of $1.0952, $1.0968 and $1.0995 as potential bearish reversal areas.