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EUR/USD Correction Spooked at 1.43

posted by Avatar FXTimes 701 days ago in USD, EUR, Technical made popular 701 days ago

The EUR/USD started a sharp reversal in the latter part of the US session. In the European session, there was a sharp rally towards 1.43. The market then immediately topped off here and as we head in the US session. Note this is respect of 200SMA. The RSI also respected 60, suggesting that the bearish momentum is still maintained…
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