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Euro Technical Analysis: Consistent Narrative Forming for EUR/GBP, EUR/JPY, EUR/USD

From dailyfx.com

The Euro has been trading stronger in recent days as speculations swirls that the Russian invasion of Ukraine is close to ending. As talks progress towards a ceasefire, the proverbial toothpaste is being back in the tube: no more commodity supply chain disruptions; no more funding stresses in financial markets; no more uncertainty about the economic fallout. Against this backdrop of dissolving concerns, traders have begun to position themselves as if the European Central Bank will not have significant uncertainty to deal with as it moves to withdraw stimulus and tighten monetary policy later this year. Indeed, should ... (full story)

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