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EURUSD Intraday Analysis

EURUSD (1.1375): The EURUSD closed with a doji pattern yesterday, and price action seems supported above the 1.1315 – 1.1300 level. As long as this level holds, the EURUSD could attempt to test the upper range at 1.1435 level. A breakout from this level is needed for the EURUSD to post further gains. However, in the short term, we expect the common currency to maintain a sideways holding pattern.

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