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Source: Thomson Reuters
- EUR/USD is unlikely to test 1.1260/70 old support as pair slips ~1.1215 support
- USD sees slight rally after US data, DE-US 2yr yield spreads further in USD's favor
- Chicago PMI & U. of Mich due ahead, if upbeat then could futher depress pair
- Bears may reappear, may see pair work through 1.1135/85 support zone
- Sub-1.1135 could see test of 2015 low, >1.1450 eases short-term bear pressure
