Intraday bias in EUR/USD remains on the downside for the moment. Current decline from 1.3993 should extend to 61.8% projection of 1.3700 to 1.2500 from 1.2886 at 1.2144. Break will target 1.2042 key support next. On the upside, above 1.2613 will turn bias neutral and bring consolidations. But outlook will stay bearish as long as 1.2886 resistance holds.
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