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Back Technical analysis
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Back Technical analysis
EUR/USD: Smart Money Analysis – Potential Escalation
The EUR/USD pair remains within a
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The EUR/USD pair remains within a weak corrective pullback, which cannot yet be considered complete. Last week saw a number of important events, but I cannot say they significantly influenced trader sentiment or the movement of EUR/USD. Perhaps the key takeaway from last week's news flow is the European Central Bank's willingness to raise interest rates if inflation continues to accelerate, contrasted with the FOMC's reluctance to take similar measures. Thus, bulls have received another supporting factor, of which they
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Samir Klishi,
Analytical expert of InstaForex
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