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💶🔻EUR/USD Could Trade Heavy On MA Crossing: Cable FX Macro

  • The euro is trading in the low 1.08s on Tuesday after testing below the round number over the previous session. EUR/USD halved its losses as risk got bid and the dollar was offered

  • EUR/USD could stay pressured on short-term MAs crossing. We could see a test of the 100DMA, which stands at 1.0779

  • Daily moves have narrowed in recent sessions, while the Bollinger Band width is now at levels not see since early November



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