U.S. dollar continues to gain, though momentum has softened a bit. EUR/USD is trading just above the three-month range support (and March low) near 1.2150. Nothing of note is expected from the ECB tomorrow but increased participation around such an event could drive the pair either way. A successful downside break would target 1.20 - 1.21 area initially. Otherwise, 1.23 - 1.2330 area will be revisited.
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