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EUR/USD is showing bullish momentum on the weekly chart with a potential bullish engulfing candle, suggesting further gains and possible new yearly highs. On the daily chart, a close above 1.1366 is needed for a structural change. The RSI on the daily timeframe indicates a bullish bias, but a US Dollar recovery could trigger a […]

The post EUR/USD Technical Outlook: Weekly Timeframe Hints at Further Gains appeared first on Action Forex.

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01/03/2024

Japanese Yen Jumpy After BoJ Member Urges Tighter Policy

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