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EUR/USD Price Dead Cat Bounce After Dismal US Q1 GDP

Started by forex4you, Apr 29, 2022, 04:31 am

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Apr 29, 2022, 04:31 am
EUR/USD Price Dead Cat Bounce After Dismal US Q1 GDP

The bias remains bearish despite temporary rebounds. Testing the downtrend line could bring new short opportunities. Only a major bullish reversal pattern could announce larger growth. The EUR/USD price dropped as low as 1.0471 today, posting fresh 5-year lows. Now, the pair is trading at 1.0513 at the time of writing, and it seems a … Continued


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Source: EUR/USD Price Dead Cat Bounce After Dismal US Q1 GDP
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