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EUR/USD - bearish outlook in short term?
A swift reversal in EUR/USD have caused some worries for euro bulls, but the rally may not be entirely done yet.
Short term, we can expect some bearish developments if the price falls below $1.11 on the hourly chart, but longer term, as long as the price holds $1.10, the buyers are firmly in charge. A recovery will target $1.13 and then $1.1366.