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EUR/USD still respecting resistance – eFXnews

FXStreet (Barcelona) - The eFXnews team sees a probable retest of the 1.2580/1.2640 resistance levels.

Key Quotes

“It's not a one way ticket - as it should be during corrections. A bearish candle was added yesterday, but also under 1.2398/94 is needed to conclude that a correctional high is in place.”

“Until then the wider 1.2580/1.2640 zone continues to act as nearby attraction/resistance, possibly to be tested.”

“Current intraday stretches are located at 1.2410 & 1.2535”

This content has been provided under specific arrangement with eFXnews.

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