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August 23: Kickstart your FX trading with a technical look at the EURUSD, USDJPY & GBPUSD
Kickstart your FX trading day with a look at the EURUSD, USDJPY and GBPUSD from a technical perspective:EURUSD: The EURUSD has moved sharply lower after weaker PMI data. The price is testing its 200-day moving average at 1.0797. The last time the price moved below the 200-day moving average was back in November 2022. As a result, it represents a key barometer for both buyers and sellers. Buyers could lean against the level and hope for a rebound. Resistance is between 1.0833 and 1.0848 if suppor...
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Posted: Aug 23 2023, 13:11
Author Name: forexlive
Views: 110253