Euro's rebound after falling to 1.2247 yesterday has retained our view that consolidation above this level would be seen and retracement of the fall from 1.2456 may bring further gain to 1.2350-55 (50% Fibonacci retracement of 1.2456-1.2247), however, reckon upside would be limited to 1.2390-95 and price should falter well
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