EUR/USD: Looking at the chart, (its 1H,4H, Daily and Weekly charts), its RSI and other indicators are all indicating there may be a mild corrective bounce in the short term.Eventhough we are extremely bearish on this pair on medium terms, since it is now in the oversold zone, looking like it may reduce the selling actions gradually, Next critical support will be the 2008 lows at 1.2330, so we should expect to see a corrective bounce from where a lower top is sought out, prior to an eventual bearish resumption.
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