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Euro / U.S. Dollar
Long

EUR/USD today

By Pukaaa
Updated
EUR/USD is holding steady near 1.1050 as a weaker U.S. dollar, influenced by USD/JPY, supports the pair. However, gains might be limited due to dovish ECB expectations. Traders are watching the U.S. CPI data closely, as it could determine the next move.

Technically, a break above the trendline resistance is needed for further recovery, while a failure could offer Bears a chance if buying momentum fades.
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EURUSDForexHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend Analysis
Pukaaa
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