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EURUSD storms to a fresh 8-month high
video EURUSD has been attempting a strong rebound since early October when its steep downtrend came to a halt at the 20-year low of 0.9535. In the last couple of daily sessions, the pair recorded a fresh 8-month peak, extending its medium-term pattern of higher highs and higher lows. The momentum indicators currently suggest that bullish forces are in control. Specifically, the RSI has flatlined in the positive region, while the MACD histogram is strengthening above both zero and its red signal line. Should buying pressures persist, the pair could ascend towards the April resistance zone of 1.0935. Conquering this ... (full story)
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- Jan 16, 2023 11:53am Jan 16, 2023 11:53am
- traderathome
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- hesron
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Follow price direction
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- Futs
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The ATM All Time Return:
-7.1%
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- gat
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