EUR/USD Consolidated At 1.0800

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On Friday, the EUR/USD currency pair consolidated in the 1.0800 area. During today’s morning, the pair maintained its consolidation. Given that the exchange rate is pressured by the 55-hour SMA near 1.0850, it is likely that some downside potential could prevail in the market. In this case the rate could target the weekly S1 at […]

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