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EURUSD, Rebound ?


Euro versus the US dollar fell to the lowest price of 1.1509 since June 2017 with the pressure on Italian bond yields, where prices recorded a third losing daily session in a row

Technical Comment: The Euro is trading above the support area of 1.1515-1.1470, may push prices to form a bullish rebound towards 1.1645 - 1.1720.

Comment on the Previous Analysis: Broke below 1.1670-1.1630

Expected Daily Trend: Bullish 1.1515-1.1470


Important Levels:

Support: 1.1515 - 1.1470 - 1.1405

Resistance: 1.1645 - 1.1720 - 1.1765

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