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EUR/USD Price Prone to Losses below 0.9860, Eying EU CPI

Started by forex4you, Oct 19, 2022, 01:04 pm

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Oct 19, 2022, 01:04 pm
EUR/USD Price Prone to Losses below 0.9860, Eying EU CPI

The bias remains bullish in the short term as long as it stays above the R1. A new higher activates further growth. The downtrend line represents a major upside target and obstacle. The EUR/USD price rallied in the short term as the US dollar was in a corrective phase. The pair is trading at 0.9838 … Continued


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