Forex: EUR/USD Technical Analysis – Euro Rejected Sub-1.36
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- Prices recoiled from resistance at 1.3534 (61.8% Fib) after showing a Shooting Star candle
- Near-term support is in the 1.3416-52 area (June 19 high, 50% Fib)
- Break lower exposes 1.3370 (38.2% Fib); turn above resistance eyes 1.3636 (76.4% Fib)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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