Euro Slips to 3-Year Low

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The euro is down over 2% intraday as price action fell to a three-year low of 1.0655.

The declines continue, filling the gap from April 2017, as the US dollar maintains a firm footing.

A rebound above this level will see a possible short term rebound.

The initial resistance level at 1.0855 is likely to be tested.

Further above this level, the 1.1055 level will be acting as the next resistance.

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