As noted before, with 1.4577 resistance intact, EUR/USD’s fall from 1.4939 is still mildly in favor to continue. Below 1.4055 minor support will flip bias back to the downside for 1.3870 and below. Nevertheless, we’ll start look for reversal signal as EUR/USD approaches medium term trend line support (now at EUR/USD Mid Day Outlook

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Filed under: Action Forex Market Outlook

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