EUR/USD Trades Below 1.2200

<p>During Wednesday morning hours, the EUR/USD currency pair bounced off the resistance provided by the 100-hour SMA near 1.2210. It is likely that the exchange rate could gain support from the 55-hour SMA and the weekly S1 in the 1.2160/1.2170 area. Thus, the rate could trade upwards in the short term. Note that the rate [&#8230;]</p>
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