EUR has dropped below the previous anticipated support level of 1.2700 and now trades around 1.2650 regions, after dropping to a low of 1.2512. On the daily chart, it has forms a doji and then surged up to a high of 1.2759 without breaking 1.2800.
Still holding the view that EUR is bottoming out soon. Recommend to try to find long entry around 62% retracement levels of the range of 1.2512 and 1.2759.
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