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  • EUR/USD is struggling for direction in the lower bound of the weekly range near 1.1070.
  • Occasional bullish attempts are expected to fail in the 1.1141/45 band, where are located the 21-day and 10-day SMAs.
  • While below the 55-day SMA at 1.1224, a deeper pullback to, initially 2019 lows at 1.1026 remains well on the table.

EUR/USD daily chart