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EUR/USD can re-test 1.1925/1.2000 – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the pair could now rebound to the 1.1925/1.2000 band. Key Quotes “EUR/USD has sold off to its 78.6% retracement at 1.1767, this has held the initial test and we would allow for deeper rebound towards the accelerated downtrend at 1.1925 and possibly 1.2000. A close […]

The post EUR/USD can re-test 1.1925/1.2000 – Commerzbank appeared first on Forex Crunch.

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