💶🔻Euro Supported By 200DMA: Cable FX Macro

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• The euro was offered on ECB day after the central bank decided to hold policy rates steady. Spot EUR/USD dropped to test 1.0813 on Friday session, however, losses have been pared into NA

• EUR/USD breached its 200DMA for the third time this month but it keeps acting as a support level as an extension lower is yet to be materialized

• Downside is favored by a series of lower highs/lower lows.