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EURUSD Tackling Resistance

FX:EURUSD   Euro / Dolar A.S.
The euro is trying to break through the 1.23367 resistance line. Weakening RSI and failing to break through this level could mean that the euro tumbles to 1.20704 which was the previous major resistance. Italy's decision in regards to how to deal with the hung parliament will be a huge catalyst. Furthermore, with uncertainty growing and the USD losing steam due to steel and aluminium tariffs, it is important to note that the fundamentals may cause this to go the other way.

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