Dear Friends,
The EURUSD had another indecisive movement yesterday. The bias remains neutral in nearest term. Price is still in a short term bullish phase since bounced-off 1.1510 key support but still unable to break above 1.1720 resistance area . The major bearish trend remains valid. A clear break above 1.1720 would be a serious threat to the major bearish trend with a clear break above 1.1850 as confirmation of a new bullish trend. Immediate support is seen around 1.1650. A clear break below…
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