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EUR/USD Mid-Session Technical Analysis for November 21, 2019

From fxempire.com

The Euro is edging higher against the U.S. Dollar on Thursday. The price action isn’t being fueled by a stronger Euro, per se, but rather a weaker dollar. The greenback is trading lower against the single-currency and other majors on renewed hope for a trade deal. On Wednesday, the dollar was supported by safe-haven buying after a report said that a trade deal could be postponed until next year. At 12:49 GMT, the EUR/USD is trading 1.1089, up 0.0017 or +0.15%. Earlier today, the EUR/USD started to turnaround when Gao Feng, China’s Ministry of Commerce spokesman said, “China is willing, on the basis of equal and ... (full story)

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