#EUR/USD# The EUR/USD pair is trading below the 23.6% retracement of its latest bullish run at 1.1270, gaining bearish strength as critical Fibonacci support emerges at 1.1170, FXStreet’s Chief Analyst Valeria Bednarik reports.“The 4-hour chart shows that an intraday spike was rejected by a bearish 20 SMA, while technical indicators have turned south, maintaining their downward slopes within negative levels. The 100 SMA, on the other hand, keeps heading north at around 1.1210, providing an im
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