According to Axel Rudolph, analyst at Commerzbank, EUR/USD pair has seen a strong bounce from its current September low at 1.0926 and is still trying to reach last week’s high at 1.1084 and if bettered, the April and May lows at 1.1110/1.1106 as well as the three month resistance line at 1.1116 will be in focus.
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