EUR/USD Weekly Outlook

[Forex-Outlook]

EUR/USD's dropped to as low as 1.3201 last week before recovering strongly. The break of 1.3266 support confirms medium term fall resumption. While recovery from 1.3201 might continue, we'd expect upside to be limited by 4 hours 55 EMA (now at 1.3431) and bring fall resumption. On the downside, break...

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