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Eurusd Rebounds From 1.5783 Level
Being supported by the up trend line from 1.5302 (Jun 13 low) to 1.5611, EURUSD rebounds from 1.5783 level. The pair might be forming a short term cycle bottom on 4-hour chart. Key resistance is now located at 1.5893, a break of this level will conform the cycle bottom, and then further rise could be seen to 1.5940 level.
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