FXStreet·50 event signal
EUR/USD: Support holds but upside limited – ING
financeING
ING’s Chris Turner highlights that a key technical level at 1.1110 is providing a floor for EUR/USD, marking a 50% retracement of the prior rally. While some profit-taking on short positions is likely, ING sees a weak case for a sustained bounce.
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Source: FreeNewsAPIRead at FXStreet
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