EURUSD Bounces Off 8-month Low; Downtrend Intact

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<p>EURUSD stuck in a clear downward path, posting a fresh 8-month bottom of 1.0487 Formation of a death cross between 50- and 200-day SMAs could spell more trouble Despite latest rebound the momentum indicators remain skewed to the bearish side EURUSD has been in a steady retreat after peaking at the 18-month high of 1.1275 on July […]</p>
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