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EUR/USD 55 DMA close, cloud top above

  • Regains the 21 HMA and tests close to the 55 DMA at 1.0931

  • Daily cloud top is at 1.0954, while below will continue to sell strength

  • Close under 55 DMA/61.8% Fibonacci (1.0882) yesterday which are bearish signs

  • Initial downside target is the cloud base at 1.0738

 

  • Market Data
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