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EUR/USD to sink towards 1.1040 on failure to reclaim 1.1270/1.1300 – SocGen

FXStreet.com
 2022-01-28

Cover picture for the article“Daily MACD is at a higher level as compared to November denoting positive divergence however signals of rebound are still not visible.”. “Failure to reclaim 1.1270/1.1300 can lead to continuation in downtrend. Next objectives are located at 1.1125/1.1085 and projections of 1.1040. “First resistance is at 1.1210, the 23.6%...

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