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EUR/USD Price Action in Congestion

posted by Avatar FXTimes 576 days ago in USD, EUR, Technical made popular 575 days ago

The EUR/USD is held under this week’s high at 1.3960. It has respected 1.3850 as support. Over the Wednesday Asian and European sessions, the market made higher lows, while failing to break above the week’s high. Looking at the 1H chart, we can see a congestion in price action, reflecting the uncertainty of the market, but also resilience of...
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