EUR/USD blocked at the 1.34 mark, Lloyds Bank suggested that it rebound short

On Monday (November 28), the euro/dollar quickly rose to a high of 1.3398 in the European market, but the exchange was blocked at the 1.34 mark.

Lloyd said that he advocated shorting the euro/dollar rally and the euro's decline from the 1.4549 high point was still not over.

Lloyd pointed out that the bank's minimum target for the downside is 1.3176, while the protective stop loss is set at 1.3425.

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