EURUSD Technical Outlook-

It shows that EURUSD is trying to recover by some bullish movement but the bias remains same as it breaks the support 1.1450 and the Fibonacci 61.8% level 1.1220 from the 2000 year low to the 2008 year high. Last week it has experienced mostly a consolidated movement. Our bearish target remains same as a previous week which is 1.1000 followed by 1.0820.

 

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