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Technical Analysis Posted 1 hour ago

EUR/USD Retreats from 1.1710 High; Support at 1.1655 Holds

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EUR/USD failed to sustain gains above 1.1710 and reversed lower, trading below a bullish trend line on the 4-hour chart. Key support sits at 1.1655, which continues to hold firm. The retreat signals a potential consolidation phase after the recent rally, with bears testing lower levels. Watch for a break below 1.1655 to confirm further downside.
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