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Kickstart your forex trading day with a technical look at EURUSD, GBPUSD and USDJPY

Kickstart your forex trading day with a technical look at EURUSD, GBPUSD and USDJPY
As traders react to the stronger US data and the ECB rate decision to increase rates by 25 basis points, what are the technical levels in play given the early North American price action. EURUSD. The EURUSD traded to a new low for the month and lowest level since June despite the ECB rate hike of 25 basis points. The price extended below a swing area between 1.0660 and 1.06669. However, momentum could not be sustained and the price has rotated back to the upside. Traders will be watching the 1.0... Read More
Posted: Sep 14 2023, 13:18
Author Name: forexlive
Views: 102175

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