EUR/USD Outlook: Bears Are Taking A Breather But Near-Term Outlook Remains Negative

<p>The Euro consolidating within 1.0783/1.0835 range after six straight days of losses (the pair was down 2.5% last week) but maintaining bearish bias as today’s action stays capped by broken key Fibo support at 1.0835 (61.8% of 1.0635/1.1147). There was little benefit from German data which came in much better than expected figure, although still […]</p>
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