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  • EUR/USD continues to linger over the key 1.1200 area ahead of key events due later in the day.
  • A decisive break below the key support at 1.12 the figure should pave the way for a test of the 1.1181/76 band, where coincide the mid-June lows and March’s low.
  • Looking at the broader scenario, while the critical 200-day SMA at 1.1326 caps the upside, the offered stance on EUR/USD remains unchanged.

EUR/USD daily chart