EUR/USD EUR/USD broke below the 78.6% retracement of the late-March range yesterdayWhile below 1.0830 our near-term trend bias is lower in the euroThe 127% extension of the 2005-2008 adavance around 1.0440 looks to be the next major pivot for the rateA minor turn window is eyed around the end of the weekInterim resistance is seen around 1.0685, but only a move through 1.0830 would turn us positive on the single currency ...
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