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EUR/USD attempts to bounce from key support area

EUR/USD bulls are attempting a correction from an important support area near the midpoint of the 1.1400 area, with the price recovering from a low of 1.1462 and now testing the bear’s commitments at 1.1500.

Weekly Charts

EUR/USD bulls are attempting to hold the key support areas on the charts However, the greenback remains in the hands of the bears ahead of key central bank meetings.
EUR/USD bulls are attempting a correction from an important support area near the midpoint of the 1.1400 area, with the price recovering from a low of 1.1462 and now testing the bear’s commitments at 1.1500.
The Euro , however, is still losing some 0.53% on the day as the US dollar edges up following data showing US Retail Sales unexpectedly rebounded in AugusEUR
EUR/USD recovered well ahead of 1.1404/9 support zone and intraday bias is turned neutral first. On the downside, decisive break of 1.1404/8 will resume larger down trend. Next target is 78.6% projection of  the daily 1.25453 to 1.0652 from 1.2347 
So waiting wait to see some blues bars, higher highs some stabilising structure patterns in Price at least on the 4hr would be the ideal scenario for positive above 1.200/6

EUR/USD Neutral

Intraday bias in EUR/USD stays neutral as range trading continues. Outlook also remains bearish. On the downside, firm break of 0.9863 support will resume larger down trend. On the upside, break of 1.019 resistance will now raise the chance of larger trend reversal, and target 1.0368 resistance

Daily Chart

Divergence ideas

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Weekly Charts

Daily Chart

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