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EUR/USD Intraday: turning down. Pivot: 1.1770 Our preference: short positions below 1.1770 with targets at 1.1735 & 1.1720 in extension. Alternative scenario: above 1.1770 look for further upside with 1.1790 & 1.1810 as targets. Comment: the RSI is bearish and calls for further decline.

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