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EURUSD Near Term: Downside favored Time 24-08-2020 04:42:00 Pivot 1.1920 Technical View Short position below 1.192. Target 1.76. Conversely, break above 1.192, to open 1.2. Comments The pair is expected to resume descend after correction. Key levels 1.2080 1.2000 1.1920 1.1794 Last Price 1.1760 1.1670 1.1580

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EUR/USD trades at 1.1812 at press time versus 1.1785 in early Asia...the risk on optimism today is gaining traction!
The EURUSD bulls were not convinced and the run north was halted around the 1.1850 level and we are now back where we started.

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