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Back Technical analysis
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Back Technical analysis
EUR/USD – November 12: The Dollar Has Regained Momentum
EUR/USD continued to decline on Wednesday
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EUR/USD continued to decline on Wednesday and ended the day near the 1.1081–1.1086 support level, below the horizontal trading range. Until the pair closes below the 1.1081–1.1086 level, it would be premature to conclude that the sideways movement has ended and the bearish trend, which began three months ago, has resumed. In my view, bears have gained no additional reasons to sell over the past few days. All the reports that were favorable to the dollar have already been priced
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Samir Klishi,
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