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Technical Analysis: Currency Majors Technical Perspective
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EUR/USD Current price: 1.4489 View Live Chart for the EUR/USD Euro soared to 1.4520 area as dollar lost attractive today: dollar index fell and closed at 73.75, pretty close to the 72.22 3 year-low printed in May this year. With stocks almost unchanged today, market was drove mostly by dollar weakness, yet the EUR/USD failed again to close the day above the daily descendant trend line coming from 1.4940. Hourly chart shows price struggling around 20 SMA while indicators barely hold above their
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