EUR/USD Faces Test of 200-day SMA Amidst US Dollar Recovery
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#1b154c83 ver:0.31

The EUR/USD faces pressure as the US Dollar recovers, testing the 200-day SMA. The Dollar's rebound is supported by strong US data and yields, while the ECB's policy divergence and weak Eurozone fundamentals favor a stronger Dollar. A break below 1.0787 could lead to lower levels, while resistance lies at 1.0894 and 1.1000. #EURUSD #USDollar #forex...

#newstr #Eur/usd #UsDollar #Ecb #InterestRate #Pmis #FedecbPolicyDivergence 

 https://here.news/story/1b154c83?ver=0.31