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Daily Market Outlook (19 Mar 2019)
Update Time: 19 Mar 2019 05:41GMT
Next Update At: 00:30GMT
EUR/USD - 1.1345

The single currency's rise to 1.1359 yesterday suggests medium-term decline has made a temporary low at last March's 20-month trough at 1.1177 and consolidation with upside bias remains for stronger retracement towards 1.1374/75 would be seen, however, loss of momentum would keep price below 1.1390/00 and yield retreat later this week.  
  
On the downside, only below 1.1249 would indicate aforesaid recovery has ended instead and risk would increase for stronger weakness towards 1.1222.
 

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