After touching the falling trend line from 1.2671 to 1.2452, EURUSD drops from 1.2326. Deeper decline to test 1.2111 support is expected later today, below this level could target 1.1950-1.2000 area. Resistance is now at 1.2326, only rise above this level could take price back to 1.2550-1.2600 area.

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