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  • The better tone in the greenback forced the pair to shed further ground and to print new yearly lows in the 1.1140 region.
  • The bearish outlook remains well and sound as long as the 6-month resistance line, today at 1.1336, caps the upside.
  • A deeper pullback is on the cards with immediate target at June 2017 low at 1.1118.

EUR/USD daily chart