We continue to favor being buying the dip in the medium and long-term. Whereas in the near term we remain cautiously NEUTRAL as we continue to study the action. The further return of USD weakness, which should allow EUR to perform better continuation from the last week with resistance seems at 1.20. Flip side supports are at 1.1590 and 1.1500. http://www.keytomarkets.com/blog/blog/ktm-fx-weekly-ecb-vs-fomc-preview/
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