EUR/USD Test Monthly S1

<p>On Wednesday, the EUR/USD currency pair declined to the monthly S1 at 1.0776. During today’s morning, the pair was testing the given support. Note that the exchange rate is pressured by the 55-hour SMA near 1.0830. Thus, some downside potential could prevail in the market. In this case the rate could target the weekly S2 […]</p>
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