EURUSD breaks below the lower border of the price channel on 4-hour chart. Range trading between 1.3119 and 1.3333 would more likely be seen in a couple of days. Key support is at 1.3119, below this level will indicate that lengthier consolidation of uptrend from 1.1876 (Jun 7 low) is underway, then deeper decline could be seen to 1.3000 area.

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