This article looks at EUR/USD’s near-term outlook, examining potential technical scenarios ahead of the Fed decision next week.
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Want to stay ahead of the EUR/USD’s next major move? Access our quarterly forecast for comprehensive insights. Request your complimentary guide now to stay informed on market trends! On the flip side, if technical support caves in, sellers may feel emboldened to launch a bearish assault on 1.0850/1.0835, an area where three significant moving averages intersect. Below this band, attention will be directed towards 1.0790 and 1.0725 thereafter.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
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