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The single currency is losing ground against the dollar, pulling back to 1.13 on weak PMIs. This helps the 1.12-1.15 area cement its title as a multi-year pivot area. However, today’s momentum may prove to be just a short game within a longer-term uptrend towards 1.20-1.25. On the daily timeframes, EURUSD pushed away from the […]

The post EURUSD Tactical Retreat Ahead of 1.25 Spurt appeared first on Action Forex.

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