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EUR futures: upside looks vulnerable

In light of CME Group’s preliminary figures for EUR futures markets, open interest shrunk for the second consecutive session on Tuesday, this time by around 2.5K contracts. Volume, instead, rose by nearly 11K contracts after two consecutive drops.

EUR/USD faces strong resistance near 1.1450

EUR/USD is up for yet another session amidst declining open interest and rising volume, albeit by non-significant levels. Therefore, further upside cannot be ruled out although the recent decline in volume could threaten this view.

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