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EUR/USD Builds Bearish Momentum; Targets 1.2270 and 1.2240

posted by Avatar FXTimes 313 days ago in USD, EUR, Technical

The EUR/USD cracked appears to be topping, or at least in a corrective decline if not starting a bearish continuation. In the 1H chart, the pair shows that it was unable to push back above the middle of this week’s range between 1.2442 and 1.2340. This reflects bears taking over. Also note that the RSI reading kissed 30, pulled back but failed...
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