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Upside in EUR/USD stays capped by the 200-day SMA – Commerzbank

FXStreet.com
 2021-07-29

Cover picture for the articleIn opinion of Karen Jones, Team Head FICC Technical Analysis Research, the uptrend in EUR/USD appears limited by the 200-day SMA in the 1.2000 neighbourhood. “Below 1.1750 attention will revert to the September, November and March lows at 1.1704/1.1600.”. Information on these pages contains forward-looking statements that involve risks and...

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