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The euro gives some back: First decline this week

Started by forex4you, Mar 18, 2022, 03:44 pm

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forex4you

Mar 18, 2022, 03:44 pm
The euro gives some back: First decline this week

The euro is modestly lower today after four days of gains.
The post-Fed USD slump appears to have run its course as the euro slowly gives up a bit of this week's gains.
The hourly chart shows the steady grind higher through the FOMC and then a sharp move higher yesterday that's now largely retraced

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