EURUSD (1.2541): The EURUSD maintained the gains yesterday as price rallied to a fresh 3 year higher earlier today. The gains in the euro came as the U.S. dollar failed to hold on the gains giving a lift to the common currency. With the strong gains, any downside correction could be limited to the 1.2365 level which previously served as resistance. A retest of support at this level could signal a potential rebound with the upside bias intact.
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