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EUR/USD’s Throwback Should Provide Clues to Direction (4/7)

posted by Avatar FXTimes 778 days ago in USD, EUR, Technical made popular 778 days ago

Following up with yesterday’s updates, the EUR/USD indeed rallied towards a swing projection target of 1.4360, but stopped short at 1.4350. There was a bearish divergence in the 1H RSI, and the market resolved it by declining back to the 1.4280 pivot. The market is now cracking it, but it remains to be seen if there will be support here...
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