EUR/USD Sidelines Ahead of ECB Policy Meeting and Crucial US Economic Data
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#1b154c83 ver:0.47
The EUR/USD pair climbed to a two-week high of 1.088 as the ECB is expected to cut rates, widening the divergence with the Fed. European stock markets were mixed as investors analyzed economic data. The pair's performance may remain in narrow ranges until the ECB announcement and US employment numbers. Bulls are currently in control, but a move towards $1.0770 support level could strengthen the bears. The pair is expected to experience elevated volatility due to key events from the US and Europe. Traders are advised to sell with a take-profit at 1.0850 and a stop-loss at 1.0900. #EURUSD #ECB #Fed #forex...
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