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EURUSD Price Prediction
Market Overview The consolidative tone in EUR/USD is still intact at the start of this week, as the U.S. continues to drive forex flows. With the exception of some periodic easing moves higher, upside momentum has repeatedly faltered into key resistance areas, signaling sustained structural pressure in the euro. Higher U.S. Treasury yields and U.S. economic data will likely underpin the dollar’s demand-driven recovery from the pair as well. Market action implies traders are becoming more cautious and prefer range-bound [...]The post EURUSD Price Prediction appeared first in UK on InvestingCube.
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