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EUR/USD Retreats Under 1.24; 1.23-1.2330 is Near-term S

posted by Avatar FXTimes 291 days ago in USD, EUR, Technical made popular 291 days ago

The EUR/USD rallied sharply after the better-than-expected US Non-Farm Payroll data released on Friday (8/3). The rally seen in the 4H chart pushed through the 1.2330 resistance pivot and cracked the 1.2406 high of the week. This was also a previous support pivot seen in the daily chart. Even though the EUR/USD reached all the way to 1.2450...
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