EUR/USD matched its London session low at 1.2086 and has bounced marginally as it held fast. Traders are quick to book profits of any sort as many short-term specs would like to head into the weekend square.

A break of the session lows opens the way for a test of the 38.2% Fibo retracement of the 1.1878/1.2153 rally at 1.2048.

6-11 eurusd

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