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Euro’s strong decline last week suggests that rebound from 1.0601 has already completed as a correction to 1.0915. Initial bias stays on the downside this week for retesting 1.0601 low first. Firm break there will target channel support at 1.0510 next. On the upside, above 1.0744 minor resistance will turn intraday bias neutral again first. […]

The post EUR/USD Weekly Outlook appeared first on Action Forex.

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