EUR/USD Mid-Day Outlook

[Forex-Outlook]

EUR/USD recovers mildly today but after all, intraday bias remains on the downside with 1.2902 minor resistance intact. Current fall is still expected to extend further to 1.2329 low (61.8% projection of 1.4360 to 1.2764 from 1.3329 at 1.2343). Though downside might be contained there initially and bring some consolidation...

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