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EURUSD Intraday Analysis

EURUSD (1.1732): The EURUSD closed bearish yesterday after price action formd an outside bar. A continued decline in the currency pair coould see further downside being confirmed. The brief reversal to 1.1793 saw price action break down strongly. Support is seen at 1.1635 currently which remains the strong downside target in prices. To the upside, any reversals will once again be met with the resistance at 1.1793. Any upside in the currency pair will need to see price action break past this resistance level.

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