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UncategorizedThe EUR/USD continued yesterday’s decline

The EUR/USD continued yesterday’s decline

Yesterday 5TH the EUR/USD was trading lower and closed the day in the red zone near the price of $1.0905. Today 6TH, it also fell a little, dropping to $1.0885. On the hourly chart EUR/USD is still trading above the moving average line MA (200) H1 ($1.0860). The situation is similar on the four-hour chart.

  • Resistances levels are at: $1.0965-70, $1.1000, $1.1025
  • Support levels are at: $1.0880, $1.0860, $1.0830

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