EURUSD remains in uptrend from 1.2288, the price action from 1.2747 is treated as consolidation of the uptrend. Key support is at 1.2500, as long as this level holds, another rise to 1.2800-1.2900 area is still possible after consolidation, and a break above 1.2747 could signal resumption of the uptrend. On the other side, a breakdown below 1.2500 will indicate that the rise from 1.2288 has completed at 1.2747 already then the following downward movement could bring price to 1.2000 zone.
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