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EUR/USD drops into key support level
EURUSD has been selling off sharply from the $1.1745 support level this morning, with the price approaching the crucial $1.1620 level.
This represents an important breakout point, below which we would be looking likely to see further downside come into play. However, until then, there is a good chance we could see a rebound to continue the triangle that has been in play over the past month.