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The Euro vs US Dollar (EUR/USD) Weekly Outlook (October 10-1

posted by Avatar lytman02 230 days ago in EUR, Technical, Weekly made popular 230 days ago

In my analysis, the Euro could further weaken against the US dollar currency pair (EUR/USD). If you look at its 8-hour chart posted on the canvass, the forex pair tested the established resistance of the 1-month descending channel and bounced back down after the news that Fitch downgraded last Friday Italy’s sovereign credit rate from AA- to A+. By
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