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EUR/USD after some buying opportunity for more selling

Today’s Key Highlights The Euro declined to a new monthly low at 1.1110 and later recovered against the US Dollar. A crucial bearish trend line is in place with resistance at 1.1190 on the 4-hours chart of EUR/USD. The US GDP in Q1 2019 (Prelim) increased 3.2%, more than the 2.0% forecast. The Euro Zone Business Climate Index in April 2019 could decline from 0.53 to 0.50.

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