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EUR/USD retracing after strong rally
EUR/USD is pulling back following yet another leg higher yesterday in the pair. The recent rally has been slowing somewhat, still until we break back below $1.1388, another leg higher looks the likeliest outcome from here.
As such, a move into the Fibonacci support levels looks like a buying opportunity. Of particular note are the 61.8% ($1.1410) and 76.4% ($1.1401) levels.