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Trade ideas thread - European session 12 May 2023
The push and pull in markets continue towards the end of the week, with the dollar seen holding firmer as the dust settles after the US CPI this week.EUR/USD slipped towards 1.0900 yesterday with the triple top pattern above 1.1000 still something that looks to be rather ominous for now. The real test to any downside reversal though is likely to come from a push towards the 100-day moving average, seen at 1.0798 currently.Meanwhile, GBP/USD is tracking back towards 1.2500 with the figure level h...
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Posted: May 12 2023, 05:53
Author Name: forexlive
Views: 110848