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EURUSD Intraday Analysis

EURUSD (1.1688): The EURUSD currency pair was seen easing back from the resistance level of 1.1730 on Monday. Price action retraced some of the gains made from Friday. On the 4-hour chart, the minor support is seen at 1.1686 level. As price action is seen testing this level, a rebound of this support is required to keep prices floated to the upside. Failure to hold the support could trigger a decline back to 1.1600 level.

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