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EUR/USD rebounds, yet will it last?
EUR/USD has regained ground overnight, following a sharp fall below the 76.4% retracement. That move has heightened the chance that we are seeing a bearish reversal.
For that bearish shift to be confirmed, we would need a break below $1.1823, while a move back above $1.1995 would raise the likeliness of a bullish continuation.
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