EUR/USD rebounds to session highs

FXstreet.com (Barcelona) – The Euro staged a comeback from its 1-month low against the US Dollar, after big size bids overwhelmed the initial bearish momentum, which had led the pair to extend its fall to 1.2968.

Following the move south, the price has jumped as high as 1.3012. Sean Lee Editor at Forexlive wrote: “Heavy buying interest around 1.2965/70 has encouraged the earlier sellers to cover”.

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