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In light of advanced figures for EUR futures markets, open interest increased by nearly 4.4K contracts on Tuesday from Monday’s final 534,441 contracts. In the same direction, volume rose by almost 64.8K contracts.

EURUSD door open for 1.1200

EUR/USD‘s decline on Tuesday was on the back of increasing open interest and volume, hinting at the idea that fresh sellers are returning to the markets while leaving the door open for another visit to the 1.1200 neighbourhood, or YTD lows, in the near term.