The post Interim contention emerges around 1.0645 appeared on BitcoinEthereumNews.com.

– EUR/USD struggles for direction around the 1.0700 neighbourhood. – Bouts of weakness should meet initial support near 1.0650. EUR/USD trades in an inconclusive fashion around the 1.0700 region on Thursday. In case the downward bias picks up extra pace, the 55-day SMA at 1.0645 should offer temporary contention prior to the weekly low of 1.0495 (October 13). In the meantime, while below the 200-day SMA at 1.0801, the pair’s outlook should remain negative. EUR/USD daily chart   Source: https://www.fxstreet.com/news/eur-usd-price-analysis-interim-contention-emerges-around-10645-202311091446

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Filed under: News - @ November 9, 2023 9:08 pm