EURUSD strikes decrease on the extra hawkish Fed reduce
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The EURUSD moved down to check the 50% of the vary since 2022. The worth moved under that midpoint earlier on November on the way in which to the low at 1.0332 (the bottom degree since November 29, 2022.
A transfer under the 50% can have merchants trying towards a swing space between 1.0348 and 1.03657. Beneath that and the 2024 low at 1.0332 can be focused.
Maintain the 50% and the swing space between 1.0448 to 1.0461 turns into upside resistance.
This text was written by Emma Wang at www.ubaidahsan.com.
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