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Windsor Brokers - Short Term Technical Analysis for Majors (07:00 GMT)
EURUSD
The Euro stabilizes above 1.35 handle that now acts as initial support and being reinforced by daily cloud top. Extension higher bring next resistances at 1.3546, 06/11 high and 1.3563, 50% retracement of 1.3831/1.3294 fall / daily 20DMA in focus, as break here is required to confirm near-term bottom at 1.3294 and trigger further retracement of 1.3831/1.3294 descend towards 1.3600, psychological barrier. Below 1.35, bullish 20/55DMA
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Linear Mode
