EUR/USD
Stages a corrective recovery off Monday's low at 1.1876 to temporarily halt the dominant bear trend, and is attempting to test the 1.1992 high. However, resistance lies at 1.2030 and, more significantly, at 1.2100 which provides the limit for potential upside scope. A break below 1.1912 is required to put bears back in control, exposing 1.1876 and threatening to extend the bear trend to the 1.1794 area.
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