Euro's intra-day resumption of recent upmove fm 2010 low at 1.1876 to a fresh 2-mth high of 1.3029 is likely to extend to 1.3055, near term 'loss of momentum' is expected to cap price below daily res at 1.3095 today n yield correction soon. On the downside, below 1.2927 is needed to signal recent upmove has formed a temp. top n bring stronger retrace. to 1.2871 later.
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