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EUR/USD in focus ahead of Eurozone inflation, US data

EUR/USD in focus ahead of Eurozone inflation, US data
The pair has put up quite a recovery this week, moving off the lows near 1.0800 after being pressured at the figure level and the 200-day moving average (blue line). Buyers are now trying to push the agenda, knocking on the door of the 100-day moving average (red line) at 1.0924 currently.Keep below and the push and pull between the key daily moving averages will continue but break above, and we will see the upside momentum potentially start up once again with eyes on 1.1000 next.Both the euro a... Read More
Posted: Aug 31 2023, 05:23
Author Name: forexlive
Views: 021929

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