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Back Technical analysis
EUR/USD. Smart Money. The Market Has Stabilized, and the Euro Is Under Conflicting Pressures
During the first two days of
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During the first two days of the week, the EUR/USD pair was declining, but on Wednesday dollar buying eased somewhat. We have already seen the market's initial reaction to developments in the Middle East, and it was hardly encouraging. The bullish picture for EUR/USD has either been seriously damaged or significantly altered. We witnessed a clear confrontation between the technical setup and the news background — and this time, the news prevailed.Under current conditions, traders need to exercise caution, as
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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