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Daily Market Outlook
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Daily
Market Outlook (31 May 2024) |
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Update
Time: |
31 May 2024 03:25GMT |
Next Update
At: |
08:30GMT |
EUR/USD - 1.0818 Although yesterday's strong rebound from 1.0789 suggests decline from May's 1-1/2 month 1.0894 peak has made a minor temporary bottom, as 1.0845 has capped upside, downside bias remains for weakness to 1.0761/67, the1 1.0725/35 before prospect of bounce later. On the upside, a daily close above 1.0858/60 may risk re-test of 1.0894, break, 1.0920/23. |
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