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EUR/USD – Losses likely below Asian session low

FX:EURUSD   Euro Fx/U.S. Dollar
Despite pair’s recovery from the low of 1.0964, the subsequent failure in the Asian session to hold above the falling trend line resistance suggests a break below Asian session low of 1.0995 would open doors for a cut through 1.0964 and drop towards 1.0911 (Brexit day low).

On the higher side, only a daily close above 1.1058 would suggest bearish invalidation.
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