EUR/USD: Bears Regaining Traction After Brief Recovery

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<p>EURUSD accelerated lower in early Monday trading, generating initial signal that two-day recovery is likely over, and larger bears are regaining control. The notion is supported by the long shadow of Friday’s daily candle, which indicated strong upside rejection (recovery was capped by broken Fibo 38.2% of 0.9535/1.1275 rally, reverted to solid resistance and reinforced […]</p>
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