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EURUSD Weekly Outlook

FX:EURUSD   Euro / U.S. Dollar
EURUSD made a move up after pulling back to a weekly support level last week as we had anticipated and was looking bullish .

However on Friday we saw a rejection of the resistance level above, indicating a likely move back down to retest that weekly support level . What will happen after that is unclear at this stage.

Our preferred scenario would be a retest of the weekly level followed by a buy signal to go long.
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