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EURUSD falls back to the key swing area. Can support hold?

In an earlier post, I spoke to the selling seen in the EURGBP. It is tumbling lower today and as such, that tail is wagging the dog. Putting it another way, the EURGBP is influencing the price action in the EURUSD today.At the start of the New York session (see video HERE), the price had rebounded off of a swing area between 1.0747 and 1.0759 in the European session and was back up testing a higher swing area between 1.0777 and 1.07865. Getting above 1.07865 would have opened the door for a rot... Read More

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Content Topics

Eurusd

Falls

Back

Swing

Area

Support

Hold

Forex

Posted: Jun 9 2023, 16:30

Author Name: forexlive

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