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EUR/USD is under pressure again after finding support around 1.1196, which is the 23.6% Fibo retracement of the up leg from 1.1026 to 1.1249 and
The position in the US dollar index futures is on the back foot for the fourth consecutive day and near a three-month low of 95.47
EUR/USD staged a quick recovery last week, with the price crawling above the 200-day simple moving average (SMA) for the first time in more than