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Published 1 year ago

EUR/USD Weekly Outlook - Action Forex

Summary by Ground News
EUR/USD edged higher to 1.0481 last week but turned sideway. Initial bias remains neutral this week for consolidations. Downside of retreat should be contained by 1.0092 resistance turned support to bring another rally. In the bigger picture, a medium term bottom was in place at 0.9534, on bullish convergence condition in daily MACD.

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