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EUR/USD – Smart Money AnalysisL The Fed and ECB Will Determine the Euro's Direction
The EUR/USD pair declined for five
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The EUR/USD pair declined for five consecutive days, even though neither the ECB nor the Fed had held its meeting yet. It is worth recalling that the previous bearish advance lasted a full 25 trading days, during which the euro lost almost six cents in value. The same pattern now appears to be repeating. Nothing particularly damaging to the European currency has happened this week so far, yet traders have once again rushed to sell the euro to avoid potential
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Samir Klishi,
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