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EURUSD test the 200d MA

EUR
  • After breaking the 50d MA yesterday, the EURUSD now test the 200d MA at 1.0849, not broken since the 13th December.
  • This is all a function of the Dollar, on the back of the Risk Off tone, and in turn higher Yields.
  • In terms of next technical, next support comes at 1.0793 50.0% retracement of the Oct - Dec bull leg.

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