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Morning Briefing Euro (1.2172): Euro is again testing the lower end of the crucial 1.225-1.215 zone and seems to be turning bearish for the medium term. Crucial supports on 3 day and weekly candles seem to have been broken decisively. The ECB meeting later today could be the final decider of whether the Euro will bounce back from 1.215 or not. Right now, it seems increasingly unlikely that the Euro will gain any significant strength from here. Our Apr ’18 Euro report’s preference for bearishness in the Euro after May/Jun looks likely to happen earlier.
Last Updated Open High Low Close
26-Apr-18 1.2286 1.2290 1.2156 1.2176
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