Forex - Chart EUR/USD Update: Further downside tests to remain limited


 06:55 (GMT) 13 Jul

  [Forex Charts]

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Chart EUR/USD Update: Further downside tests to remain limited (0101-CHXN-C01)

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Asterisk denotes strength of level

07:45 BST - Stable above 1.1650 as negative intraday studies flatten. There is potential for a test lower, but further support at 1.1600 should underpin any immediate tests, as longer-term weekly readings continue to improve. Resistance remains at 1.1700. A later close above here will help to stabilise price action and prompt a cautious upgrade as sentiment turns neutral.


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