EURUSD Heavy Rejection

<p>The euro currency has reversed sharply lower against the US dollar after hitting a new yearly high, around the 1.2290 level, during the European session. Technical analysis highlights that an extremely large bearish reversal pattern will form if the current rejection reaches 1.2130. To the upside, a clear break above the 1.2300 level is likely [&#8230;]</p>
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