Despite intra-day retreat to 0.8676, as the single currency has rebounded after holding above last week’s low at 0.8674, suggesting further consolidation would take place and another corrective bounce to resistance area at 0.8799-0.8811, break would bring a stronger rebound to 0.8859 (50% Fibonacci retracement of 0.9043 to 0.8674) but
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