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EUR/USD testing rising trendline
EUR/USD has dropped back once more from resistance, around $1.18.
It has this morning succeeded in bouncing off the rising trendline from the August lows, but a break below $1.17 would likely invalidate this support, bringing $1.1554 into play as horizontal support. A rally from the rising trendline would still need to clear the $1.18 zone to suggest a fresh move higher was firmly in progress.