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EUR/USD turns lower again
A fresh low for EUR/USD on Friday confirms the downtrend, and the subsequent rally appears to be running out of steam at $1.1750.
Further losses that break the Friday low will then challenge the key $1.1662 level. If this goes, then the $1.15 area comes into play. A move above $1.18 is needed to provide indications that further gains are on the way.
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