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Intraday Market Analysis – USD loses support

Intraday Market Analysis – USD loses support
EURUSD regains traction The US dollar plunged after Fed Chairman Powell signalled a slowdown in rate hikes. A close above the recent high of 1.0450 was an encouraging sign that the optimism is still prevailing. But the psychological level of 1.0500 has caused some profit-taking, weighing on the rebound. After a bounce off 1.0300 and […] The post Intraday Market Analysis – USD loses support appeared first on Orbex Forex Trading Blog... Read More
Posted: Dec 1 2022, 07:19
Author Name: orbex
Views: 102649

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