EUR/USD - 1.4754 Daily Market Outlook - Nov 4

By @ibtimes on

Despite yesterday's selloff to 1.4626, euro's subsequent strong rebound from there suggests a temporary low is in place and consolidation with upside bias is seen for a retracement of recent decline to 1.4800/10, however, previous resistance should hold and yield a retreat later today or tomorrow.  
  
On the downside, only below 1.4681 would signal correction has ended and bring one more fall to 1.4550/60...

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