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EUR/USD Price Analysis: Technical outlook

setleme
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The EUR/USD is tilted to the upside, sitting above all the daily moving averages (DMAs). If buyers reclaim 1.0900, expect further gains, with bulls targeting a downslope resistance trendline at 1.0975/85, ahead of 1.1000. On the other hand, if sellers drag the exchange rate below the 50-DMA at 1.0864, they could remain hopeful of pulling the spot toward the 200-DMA at 1.0830.


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