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EURUSD edges higher in European trading on Monday as bears are taking a breather after a two-day pullback from a multi-week high (1.0948). Rising 10DMA and Fibo 23.6% of 1.0666/1.0948 (1.0881) contained dips for now, signaling a scenario of shallow correction before larger bulls regain control. Talks about possible start of easing monetary policy as […]

The post EUR/USD Outlook: Correction So Far Limited But Risk of Deeper Pullback Still Exists appeared first on Action Forex.

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07/12/2023

Gold Price Trims Gains, Can This Key Support Hold?

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22/12/2023

GBPJPY Rotates Lower After Rejection at 50-day SMA

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