The sterling managed, once again, to send the euro under 0.9. The pair has been around these levels since October 28th. On the daily candles chart we can see how the price is just at the fibo 50% (marked from 0.858 to 0.9415) where it seems to be building a support. If it doesn't break 0.8898, the support will stand and the price will try to break the most important resistance, which is 0.906 pounds per euro.

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