© Dukascopy Bank
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Daily
maximum: 99.94
The pair is still trading with the bearish sentiment as German Factory Orders declined (-4.8% versus -1.6% estimate), causing the daily mean at 98.75 to breach.
Daily Resistance: 99.15; 99.69; 100.03.
Daily Support: 98.27; 97.93; 97.39.
Daily Bias: Strongly bearish.