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EURUSD Intraday Analysis

EURUSD (1.1514): The euro currency posted a modest rebound, but price action was stuck near the resistance level area of 1.1547 1.1525 region. With the resistance level now established, price action is expected to trend lower. The lower support at 1.1435 remains the key level of interest to the downside. A break down below this level could potentially push the currency pair lower to the next support level at 1.1315.

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