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EUR/USD upside limited - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank offered a technical analyses of EUR/USD in a snap shot.

Key Quotes:

"EUR/USD intraday: key resistance at 1.0665.

Pivot: 1.0665.

Most Likely Scenario: Short positions below 1.0665 with targets @ 1.06 & 1.056 in extension.

Alternative scenario: Above 1.0665 look for further upside with 1.071 & 1.0765 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited."

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