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Dollar momentum hinges on extended downside break in EUR/USD, what levels to look out for?

Published On: February 5, 2021

Summary

By sueyangfx.com February 05, 2021 at 07:27AM EUR/USD holds below 1.2000 but price action centers around its 100-day moving average ahead of non-farm payrolls However, there is some added support from the 50.0 retracement level of the November swing move […]

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By sueyangfx.com

February 05, 2021 at 07:27AM

EUR/USD holds below 1.2000 but price action centers around its 100-day moving average ahead of non-farm payrolls
However, there is some added support from the 50.0 retracement level of the November swing move higher and the 100-day moving average (red line) @ 1.1967-76 now.

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